Today, everyone from oil traders to hedge fund managers, pipeline schedulers, brokers, refinery buyers and even ship brokers uses the chat system globally.
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It is globally known for its Web portal, search engine Yahoo! The term "oracle" was intended to mean "source of truth and wisdom", and the term "officious", rather than being related to the word's normal meaning, described the many office workers who would use the Yahoo database while surfing from work.
For Gene Grabinski, who was trading crude in Chicago for BP Plc, one of the largest energy companies in the world, it was just the solution needed to stem the endless flood of phone calls as he bought and sold crude in the Midwest and U. Grabinski was part of the first wave of oil traders to use Yahoo instant messaging, having opened his account just a year after it was launched.
"[My] 11-year-old was on it and we were actively monitoring it at the time," Grabinski said.
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