April 24, 2009

Yahoo! to close out GeoCities

U.S. Internet search giant Yahoo! Inc., said it would close out GeoCities, a personal Web page service it purchased for $2.9 billion in 1999.

The GeoCities Web page now sports a prominent note that says, Sorry, new GeoCities accounts are no longer available.

Yahoo! promised more details about closing GeoCities and how to save your site data this summer.

When Yahoo! purchased the site, it had 1.1 million users, Cnet.News reported Friday.

The purchase 10 years ago anticipated the popularity of personal Web pages, but GeoCities did not match up to the interactive capabilities of social networking services, like Facebook, Cnet said.