MyBlogLog, a start-up that Yahoo acquired in 2007 for about $10 million
MyBlogLog was one of the Yahoo services listed on a leaked presentation screenshot from December as a property that would likely be sold or shut down as the troubled Yahoo cuts costs.
Other Yahoo products listed for a potential shutdown or sale included Yahoo Buzz, a onetime competitor to Digg, and Delicious, a bookmarking site that still has some very loyal users. Other products like Fire Eagle and Upcoming.org were marked for mergers or consolidation; thus far, few of these shutdowns and mergers have actually happened.
Msg#: 4271499 posted 7:52 pm on Feb 24, 2011 (gmt 0)
It's not about the number of assets, it's about the quality of assets. I've noticed that Yahoo's software and sites can sometimes be buggy though I do like the company in general. Yahoo could also learn from AMD as they both exist in markets dominated by others. Since Yahoo is in the title there will likely be comments against the company though that completely disregard replies, a trend I've noticed a lot in regards to Yahoo and other companies that are frequently the target of acquisition in order to monopolize key markets.
Msg#: 4271499 posted 9:56 pm on Feb 24, 2011 (gmt 0)
Closing down assets is a mistake. Follow my thinking here...
#1, Yahoo buys mybloglog for 10M. #2, After improving the service Yahoo decides to cut costs and part with mybloglog. #3, Yahoo closes mybloglog ?! I guess getting a few million for it by SELLING it instead would be dumb... oi, it was and is a good service.
I REALLY wish these big Wall St corporations would stop shooting for "Facebook numbers or nothing!"