Yahoo is Shutting Down Delicious, MyBlogLog and Other Sites

Yahoo is shutting down the popular social bookmarking website Delicious (del.icio.us) and the blog networking service MyBlogLog among other sites so they can focus on their core services, which is apparently display advertising. Yahoo has already abandoned their efforts in search and search advertising since now both the organic search results and the pay per click ads beside the SERPs are powered by Bing. They also shut down Geocities earlier this year, essentially wasting millions or billions of dollars in potential revenue since they simply shut it down and served up 404 errors.

I don’t understand why Yahoo and other companies buy popular websites only to neglect them and shut them down completely. I understand businesses need to cut their losses on unprofitable services, but I can’t be the only one who thinks paying millions of dollars for websites only to shut them down a couple years later makes absolutely zero sense at all. Why don’t they just sell them? Considering Delicious is still one of the top 300 websites in the entire world, they would be sure to find a buyer willing to pay at least SOMETHING. If they can’t find a buyer, at least redirect the old sites to relevant new sites to preserve the years of link equity and search engine rankings.

The only service Yahoo is good at anymore is Fantasy Sports. I’ve used ESPN, CBS Sportsline and SI.com for various fantasy leagues throughout the years and Yahoo is so much better than any of them. However, knowing Yahoo, they’ll neglect fantasy sports eventually and shut them down as well. Ugh.

Yahoo is dying. And my prediction is that Yahoo will either be completely out of business or acquired by another company within 2 years.

Comments

One Response to “Yahoo is Shutting Down Delicious, MyBlogLog and Other Sites”

  1. DM Cook on January 30th, 2011 5:53 pm

    Do you have a source on this? That’s AWFUL, if it’s true. I don’t understand why yahoo seems to continually make the worst choices possible. Delicious is such a great, clutter-free and useful service, with millions of users. Why did they even buy it?…

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