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Yahoo Kills Flipboard Competitor Six Months After Debut 72

redletterdave writes "It seemed like a step in the right direction for Yahoo back in November, when the company announced a family of new mobile products that would enrich the way users experience and understand their news and entertainment content. But just shy of seven months after that outburst of mobile and social apps and tools, Yahoo has decided to call it quits on arguably the biggest piece of that mobile package: the personalized magazine app for iPad, Livestand. This was the first major business decision made by Ross Levinsohn, the interim CEO who took over for Scott Thompson on May 13 after the SEC discovered Thompson lied on his resume."
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Yahoo Kills Flipboard Competitor Six Months After Debut

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  • by PopeRatzo ( 965947 ) on Sunday May 27, 2012 @10:22PM (#40131847) Journal

    Haven't used YooHoo in years.

    Be careful friend. You are inadvertently smearing one of the finest beverages on God's Earth.

    6 ounces of YooHoo, a jigger of Slivovitza, 1 oz of the juice of one boiled Ayahuasca vine and a cocktail onion over cracked (not crushed) ice is a great summer refresher. Miniature japanese umbrellas decorate the top of the glass to create a festive atmosphere for a party you'll never forget.

  • by guttentag ( 313541 ) on Sunday May 27, 2012 @11:06PM (#40132039) Journal

    At its peak in late 1999, Yahoo's market cap was over $100B. You don't just kill a hundred billion dollar company all at once; they have been doing a solid job of strangling it slowly for the last twelve years though. Shouldn't be too much longer.

    For a moment there I thought you were talking about Facebook.

Statistics are no substitute for judgement. -- Henry Clay