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Yahoo! to shut down MyBlogLog service on May 24, 2011

by Mahesh Kukreja on February 24, 2011

Yahoo! MyBlogLogYahoo! has decided to officially shut down it’s MyBlogLog service on May 24, 2011. So, starting today, it has exactly three months to live.

All the Premium users will not be charged after this date. Any unused portions of their subscription amount will be refunded back.

This is what Yahoo! sent to it’s MyBlogLog users via mail:

Dear MyBlogLog Customer,

You have been identified as a customer of Yahoo! MyBlogLog. We will officially discontinue Yahoo! MyBlogLog effective May 24, 2011. Your agreement with Yahoo!, to the extent that it applies to the Yahoo! MyBlogLog, will terminate on May 24, 2011.

After May 24, 2011 your credit card will no longer be charged for premium services on MyBlogLog. We will refund you the unused portion of your subscription, if any. The refund will appear as a credit via the billing method we have on file for you. To make sure that your billing information is correct and up to date, visit https://billing.yahoo.com.

Questions?
If you have questions about these changes, please visit the Yahoo! MyBlogLog help pages.

We thank you for being a customer on Yahoo! MyBlogLog.

Sincerely,

The Yahoo! My BlogLog Team

The MyBlogLog service helps bloggers and affiliate marketers to track the visits on their sites and gives traffic to their site. So, how will this decision affect your small businesses? Tell us in the Comments section.


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Yahoo! to close GeoCities and other services

by Mahesh Kukreja on April 24, 2009

Yahoo Inc. said Thursday it plans to close GeoCities, a Web site publishing and hosting service it bought in May 1999 at the height of the dot-com boom for around $3 billion in stock.

The service will be shut down later this year. Visitors to the site now see a message that says new GeoCities accounts will not be available and gives them the option to sign up for Yahoo’s Web hosting service for $5.98 a month.

It is not clear when Yahoo made the move, but a spokesman said in an e-mailed statement that the decision was recent.

GeoCities is not the only Yahoo service to get the ax — Yahoo Briefcase, Farechase, My Web, RSS ads, Yahoo Pets, Yahoo Live, Kickstart and Yahoo For Teachers all are being eliminated as well. The search giant also recently outsourced Launchcast radio to CBS Corp.

“As part of Yahoo’s ongoing effort to build products and services that deliver the best possible experiences for consumers and results for advertisers, we are increasing investment in some areas while scaling back in others,” the statement said.

The trimming is part of a process that started in 2007 while Jerry Yang was still chief executive, to close down services that aren’t profitable or don’t fit into company’s long-term vision.

The revamp has accelerated under new CEO Carol Bartz, who was hired in January.

In a sign of its ongoing troubles, Yahoo said Tuesday that it will lay off nearly 700 workers, the company’s third round of job cuts during the past 14 months.


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Microsoft Rules Out New Takeover Bid For Yahoo

by Mahesh Kukreja on November 20, 2008

Microsoft CEO Steve Ballmer Wednesday ruled out a new takeover bid for troubled web portal Yahoo, but stressed that the software giant was still interested in partnering with Yahoo on search-related products.

Ballmer’s comments to a meeting of Microsoft’s shareholders were the first from the company since the announcement Monday that Jerry Yang was stepping down as Yahoo CEO. That move was seen as raising the chances for a Microsoft buyout since Yang had been the company’s staunchest opponent of the deal that valued Yahoo at $47.5 billion – more than three times what it is now worth.

The comments by the Microsoft boss sent Yahoo’s shares plunging by as much as 20 percent after they had rallied on news of Yang’s move.

“We thought we had something that made sense. But it didn’t make sense to them. We’ve moved on,” said Ballmer at Microsoft’s annual shareholders meeting. “Let me be clear. We are done with all acquisition discussions with Yahoo.”

However he stressed that a partnership between Microsoft and Yahoo in the internet search market is “an interesting possibility”. Such an alliance would help the companies challenge Google, which dominates the US online advertising
market that is expected to grow 25 percent this year.


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