MyBlogLog and Yahoo Buzz are some of the services that Yahoo may shut down. The search engine company is trying its best to increase profit.
Yahoo planning to shut down some of its web services.
After the layoff reports, here comes another trimming courtesy of Yahoo, and the former search engine giant is obviously serious in increasing its revenue again. According to a NY Times report, Yahoo has confirmed that they’re planning to shut down “underperforming or off-strategy” services.
Some of the mentioned Yahoo products that are in “danger” are MyBlogLog, Delicious and even Yahoo Buzz. These services were listed on the leak snapshot of a Yahoo presentation.
Surprisingly, the first person to share the leaked confidential meeting props is the co-founder of MyBlogLog, Eric Marcoullier. MyBlogLog is like the Facebook for bloggers, where they can add friends, and subscribe to their posts. The website was founded in 2005, and was acquired by Yahoo in 2007.
Another interesting product included on the “in danger” list of Yahoo services is Yahoo Buzz. “Buzz” works like Digg and Reddit. Publishers and bloggers can add a widget, and readers can share articles by using their Yahoo mail account, and clicking the button to submit. Yahoo Buzz collects share, and rank it according to most popular.
The spokesperson also told NY Times that they will “continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo Buzz, our traffic (Get 10000 free hits) APIs, and others.”
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