Sunday, July 12, 2009

GeoCities is closing on October 26, 2009.

GeoCities started off as a web hosting service founded by David Bohnett and John Rezner in late 1994.

This was one of the earliest company to offer users the ability to develop free home pages and hosted on their servers.

In January 1999, near the peak of the dot-com bubble, GeoCities was purchased by Yahoo! for $3.57 billion in stock, with Yahoo! taking control on May 28. The acquisition proved extremely unpopular; users began to leave en masse in protest at the new terms of service put out by Yahoo! for GeoCities. The terms stated that the company owned all rights and content, including media such as pictures. Yahoo! quickly reversed its decision.

While GeoCities proved a popular site for newcomers to Web design in the late 1990s due to its free service, the site has gradually become obsolete with the ever-decreasing cost of hosting a personal website. Most GeoCities sites that were popular in the late 1990s are no longer active and have long since been abandoned for other options.

Lately, Yahoo! sent out an email, reminding its users of the site closure.

Thanks to Yahoo!, for killing another great company with great ideas!

1 comment:

Anonymous said...

what a terrible thing to do just in it all for the money i have had a webpage on geocities for a long time i think its just terrible down to yahoo and down to geocities u are money hungry