yahoo-logoThe Internet pioneer Yahoo announces that its going to shut down its GeoCities service in the later half of this year.

GeoCities is a web-hosting site that provides hosting accounts with considerably low cost and it was back in 1998 when Yahoo purchased the site against $3.57b.

Web has been flooded with such sort of sites since then, and despite a considerable decrease in website hosting, GeoCities seemed quite promising and attracted almost 177m visitors during 2008.


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