Yahoo India has decided to shut down SpotM, the social network it launched less than a year ago in India. According to the site, SpotM. which never exited private beta, will be shut down on Sep. 1. Yahoo launched SpotM as a social network for the 16-24 age bracket in an attempt to capture the growing market in India. It appeared that SpotM had potential to take off due the popularity of social …

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Yahoo (NSDQ: YHOO) is closing down its one-year-old social networking site, Yahoo Mash. The site, which has been in private beta, will shut down Sept. 29. In a post on the site, via the Atlanta Business Chronicle, Matt Warburton, Yahoo Community Manager, writes that the company may have accidentally contacted non-Mash members about the site’s demise. No word was given as to why Yahoo was …

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