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Yahoo shuts down Mash social network
Yahoo has decided to pull the plug on its Mash social networking service, in what has been another failed attempt to compete in this rapidly growing market. The one-year old service was meant to be the follow-up to Yahoo 360, a previous attempt at creating a social-network from the millions of Yahoo users, but never truly made it out of beta.
Previously, in 2006, Yahoo was not able to close a $1.62 billion transaction with Facebook nor could they pull the trigger on a $1 billion Bebo deal. We should note however that the company’s part blogging and part search-based social networking tool, Yahoo 360, is still running and will remain unaffected – though it has failed to lure users away from top players Facebook and MySpace.
Previously, in 2006, Yahoo was not able to close a $1.62 billion transaction with Facebook nor could they pull the trigger on a $1 billion Bebo deal. We should note however that the company’s part blogging and part search-based social networking tool, Yahoo 360, is still running and will remain unaffected – though it has failed to lure users away from top players Facebook and MySpace.
