Emerging report reaching Page 36 on Wednesday, indicates that Yahoo has announced that its 19-year-old service platform, Yahoo Groups, will shutdown on December 15, 2020, after low global usage.
Verizon, which took ownership of Yahoo in 2017, made the announcement known on Tuesday, via the Yahoo Groups website and emails sent to Yahoo Group users.
”Yahoo Groups has made the decision to shut down as of December 15. Yahoo Groups has seen a steady decline in usage over the last several years. Over that same period, we have witnessed unprecedented levels of engagement across our properties, as customers seek out premium, trustworthy content.
”While these decisions are never easy, we must sometimes make difficult decisions regarding products that no longer fit our long-term strategy, as we hone our focus on other areas of the business the message read further”, the Group said in a message on its website.
Yahoo Groups was launched in early 2001, as an integration of technology from eGroups.com and Yahoo Clubs, but rising competition from the social media community platforms like Facebook and Google, has led to the loss in its once-massive userbase.
The message further stated that the creation of new groups will be disabled as of October 12, while users will no longer be able to send and receive emails from Yahoo Group, as well as the inaccessibility of the website, from December 15.
the Group concluded: “Thank you for helping us build one of the earliest digital communities — we are proud and honoured to have forged countless connections over the last 20 years, and played a small part in helping build your communities.”
More news later…