In the grand scheme of things, $10 million isn't a ton of money for a big company like Yahoo! to spend acquiring another company. Still, for an embattled Yahoo!, shutting down MyBlogLog is another sad trombone in its symphony of missteps.MyBlogLog was a service which allowed bloggers to create a community for their sites. The shutdown was called out in the famous "sunsetting" slideshow in late 2010, where Yahoo! revealed that popular bookmarking site Delicious would also not be part of its future plans.
Despite all this, Yahoo! remains one of the most popular sites on the Internet -- it actually topped ComScore's U.S. traffic chart for January 2011.
Yahoo shuts down MyBlogLog, a $10 mil purchase you never heard of originally appeared on Download Squad on Thu, 24 Feb 2011 11:00:00 EST. Please see our terms for use of feeds.
