Yahoo to close down Geocities

Yahoo have publicly announced that it will shut down Geocities service in the Summer, which it paid a staggering $4 billion for over a decade ago. However, Yahoo urge geocities customers to move to another free service, “Yahoo! Web Hosting.”

Comscore Media Metrix reports suggest when Geocities was first bought by Yahoo in 1999, was the 3rd biggest site behind AOL and Yahoo. The report showed that in the month of December it recieved over 19 million unique visitors, which is really quite amazing. As times have moved on, Geocities has been surpassed by many other hosting sites such as Godaddy, though hosting costs dropped, Geocities could only draw attention to 177 milion visitors in 2008, way below par...