Mybloglog acquired by Yahoo

[seoindiaweb]

Lately,
After all the rumours spending it is confirmed that Yahoo has bought Mybloglog.com which has about 45,000 blogs in $10 Million (Src: Forbes)
Read More (http://blogs.forbes.com/forbespecial/2007/01/yahoo_snaps_up_.html)

[Sam]

I wasn't too surprised about it, must be great to sell your site for $10 million, hehe.

[seoindiaweb]

Lol Sam, right
But i think mybloglog is paid these days

[iworkforthem]

Suck! I'm not late on setting up my own mybloglog.

[Submerge]

Yet again, another site I've never heard of or visited selling for millions. :(

[seoindiaweb]

Yet again, another site I've never heard of or visited selling for millions.
Yahoo is sinking down due to Google's market hence they are tryin something new and they are just investing their share holders money:D so not a loss to them;)

[aloksingh]

Yahoo can never be a real competitor to Google unless they open all their programs worldwide. I mean programs like YPN which are open only for US publishers. The problem is that the worldwide internet users are increasing whereas in the US it has become kind of static.

[charley]

Yahoo has bought Mybloglog.com which has about 45,000 blogs in $10 Million

I think this is too high for a website like it.

Yahoo is sinking down due to Google's market hence they are tryin something new and they are just investing their share holders money so not a loss to them

There is cut throat competition between these two.