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Yahoo snags Xoopit for $20 million
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#1
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Yahoo snags Xoopit for $20 million
Yahoo has announced that it acquired Xoopit, a photo sharing and organization tool compatible with Yahoo Mail among other Internet services. While the search-giant has not officially disclosed any financial details of the transaction, several reports are quoting an inside source who says the deal was worth $20 million.
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"Dependence begets subservience and venality, suffocates the germ of virtue, and prepares fit tools for the designs of ambition." -Thomas Jefferson
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#2
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Somebody is pouring a lot of money into Yahoo... Now just who could that be.
If it doesn't work, you will be able to stick a fork into Yahoo and their funding source, and find that they are done. |
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#3
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They remind me a bit of CompuServe - seemingly unassailable, and then they're scrambling to catch up and regain what they lost. AOL did for CompuServe and now it seems Google has done for Yahoo. A liaison with Microsoft might offer some hope in this space for both companies, or it might be too little too late. Google seems unassailable. (Where have I heard that before?)
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Bing snags up 10% of search market share, Google holding strong