Company intends to focus on major projects
Internet company Yahoo shuts down another group of its products to concentrate on its main areas of activity. Yahoo is talking about closing a group of 12 products and services, many of which used to be popular, but now have lost their shine, some already covered with a layer of dust, reports CyberSecurity.
Projects to be shut down include AltaVista system, the great-grandfather of all modern Internet search engines, and Yahoo RSS Alerts. Yahoo Axis, Citizen Sports and Yahoo Browser Plus also get the axe. «Today we are closing several products so that the company could focus on more advanced developments that will help people in their daily lives,» said Jay Rossiter, vice president at Yahoo.
This April Yahoo already closed several projects, including Yahoo Deals and SMS Alerts.
Now Yahoo says that users who still used search engine AltaVista will be automatically redirected to Yahoo Search, and Citizen Sports will send users to Yahoo Sports.
Analysts say Yahoo’s cost-cutting is very relevant, as the company has just announced agreement to purchase Tumblr for $1 bln.
