Yahoo 360 will be shut down July 12 because of competition from larger rivals and a decline in ad revenue. Yahoo Inc. said Monday that it would shut down its Yahoo 360 social-networking site next month amid competition from larger rivals and a slowdown in advertising spending.

[Full Article]

This entry was posted on Monday, June 1st, 2009 at 11:48 pm and is filed under Yahoo. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Tags: decline, los angeles times, slowdown, social networking site, yahoo inc