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    Yahoo Buys Email Startup Xoopit (YHOO)

    Yahoo (YHOO) will announce today that it’s bought startup Xoopit for ~$20 million, BoomTown reports.

    The WSJ reported negotiations between the companies.

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    Yahoo! is shutting its unloved social networking site, Yahoo! 360, next month.

    The closure follows the shuttering of services Y! 360 aimed at college graduates and Mash, two other networking efforts opened in 2007 and then quietly closed. Yahoo! believes its family of services already provides social networking functions, but the company has singularly failed to deal with the success of the likes of Facebook.

    An update page on the site, said: “Today, we’re able to firmly say that on July 13, 2009 Yahoo! 360° will be closing down and you’ll be asked to move into your new profile on Yahoo!, by July 12, 2009.” This means that users will need to get cracking moving blog and other content across.

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    Yahoo’s CEO said Wednesday she was open to discussing a Microsoft acquisition, provided the deal were sweet.

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    Yahoo Briefcase is Going Away

    It looks like the Yahoo Briefcase is going away.  I remember when it came out back in 1998.  I thought it was one of the coolest features that Yahoo had at the time.  Since then there are many companies that offer better and more storage services.  Hopefully this isn’t a trend that we’re going to see with Yahoo services.

    Here is a picture of the letter.

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