New York – Following a round of over 600 layoffs this week,
Yahoo (NASD: YHOO) is said to be considering shuttering several of its online products,
including social bookmarking service Delicious, blogger social network
MyBlogLog, and social calendar Upcoming. The New York Times and others cited a
leaked slideshow snapshot from a Yahoo presentation, linked on Twitter by
MyBlogLog co-founder Eric Marcoullier.
Yahoo may also be looking to merge or
shift focus away from its news aggregator, Yahoo Buzz, and search tool
AltaVista.
"Part of our organizational streamlining involves cutting our
investment in underperforming or off-strategy products to put better focus on
our core strengths and fund new innovation in the next year and beyond,"
Yahoo spokeswoman Dana Lengkeek told The Times.
"We continuously evaluate
and prioritize our portfolio of products and services, and do plan to shut down
some products in the coming months such as Yahoo Buzz, our Traffic APIs, and
others. We will communicate specific plans when appropriate."
Despite the
reports, a post on the Delicious blog denies that the service will be shut
down.
"While we have determined that there is not a strategic fit at
Yahoo, we believe there is a ideal home for Delicious outside of the company
where it can be resourced to the level where it can be competitive," the
post reads.
Related Links:
http://tinyurl.com/245xbkt
(N.Y. Times)
http://twitter.com/bpm140/status/15473591558602752
http://blog.delicious.com/blog/2010/12/whats-next-for-delicious.html
