Items tagged with GeoCities
A few days after Yahoo announced it would lay off nearly 700 workers, Yahoo is shutting down GeoCities, which it acquired in 1999 for $4 billion. GeoCities is the latest casualty in Chief Executive Carol Bartz's campaign to close duplicative and underperforming products. Last week, Yahoo announced the closing of Jumpcut, an online video-editing service, and FareChase, a travel Web site. During Yahoo’s earnings call on Tuesday, Bartz also mentioned the discontinuation of Yahoo Briefcase, My Web, Yahoo Audio Search, RSS ads, Yahoo Pets, Yahoo Live, Kickstart, and Yahoo For Teachers. The company posted... Read more...