Google: misspelled name
I originally intended to call it Googol (10 to the power of 100), but when I registered, I misspelled it as Google. Make the mistake right, now it has become the world's largest search engine.
Yahoo: Monster calls himself
Yahoo is an abbreviation for 'Yet Another Hierarchical Official Oracle', originally meaning 'another hierarchical meddling oracle'. The founder considers himself a weirdo.
Other funny names
Amazon: Choose from any dictionary; Apple: Steve Jobs liked Apple; Sony: It's a combination of Sony (sound) and Sony (little guy).
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