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Yahoo buys MyBlogLog

According to their blog it’s now official — Yahoo has just acquired the social media company:

MyBlogLog is becoming a part of Yahoo! We’re all moving to San Francisco. We officially bleed Purple and Yellow (although unofficially, I’ll always bleed Orange and Blue – Go Gators! National champions in basketball AND football, yo!).

Yahoo! is going to put loads of resources into MyBlogLog and help us roll out a ton of new features. Plus, we’re moving to their infrastructure, which should help with those occasional slowdowns.

Sale amount wasn’t disclosed by speculations peg the figures between $10 to $12 Million.

There were plans to integrate Yahoo’s massive network and subscriber base into MyBlogLog so are we expecting YM users/contacts being part of our MyBlogLog community?

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Avatar for Abe Olandres

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.

9 Responses

  1. Avatar for Miguel Miguel says:

    Google already has Blogspot. Yahoo has no blog network besides its corporate/developer blogs, and 360.

  2. Avatar for tribal tribal says:

    Yo yo Mic check 1-2-1-2…

  3. Avatar for Alan Ocab Alan Ocab says:

    It seems Yahoo is way ahead in the Web2.0 direction compared with Google which relies more on technology.

  4. Avatar for MsDemmie MsDemmie says:

    I am loosing track of who owns who these days.

  5. Avatar for tribal tribal says:

    I need to consider blogging… I h*te my day job… just to make some cash flow…

  6. Avatar for Miguel Miguel says:

    Maybe it’s their take two at building a social network, since 360 isn’t successful.

  7. Avatar for jhay jhay says:

    Wonder if Google would follow suit and buy something similar to MyBlogLog? ;)

    The monopolies are once more increasing in the web. Yikes!

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