Yahoo Demolishes GeoCities 10 Years, $3.6 Billion Later
source: http://www.eweek.com/c/a/Web-Services-Web-20-and-SOA/Yahoo-Demolishes-GeoCities-10-Years-36-...
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- Kepano
- added this
Yahoo announced that it will shut down GeoCities, one of the company’s longer-running units, later in 2009. Yahoo purchased the service, which allows users to create their own Web pages, for $3.6 billion in 1999. In the intervening decade, however, the rise of sites such as Facebook and Twitter presented a more user-friendly alternative for consumers than coding a personal home page, and GeoCities found itself eclipsed.
Yahoo has pulled the plug on GeoCities, which it acquired in 1999 for $3.6 billion in the hopes that millions of users would use the service to create their own Web pages. The shutdown will come later in 2009, although Yahoo declined to specify an exact timeframe.
The pre-aged social networking, the draft for future social networks like myspace; facebook, twitter, current and whatever else is out there.
Yahoo has pulled the plug on GeoCities, which it acquired in 1999 for $3.6 billion in the hopes that millions of users would use the service to create their own Web pages. The shutdown will come later in 2009, although Yahoo declined to specify an exact timeframe.
The pre-aged social networking, the draft for future social networks like myspace; facebook, twitter, current and whatever else is out there.
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Kepano
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At Least they don't censor stories and media that people should know about.
- 3 years ago
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Kepano
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Mikeysfake1
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I don't think Current will ever compare to Myspace or Facebook. I'm pretty sure I still have a geocitites homepage somewhere. Too bad. I kind of liked them.
- 3 years ago
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Mikeysfake1
