Amidst the speculation of Yahoo buyout the search engine company announced to shut down some of its products including Games, LiveText, Astrology,Â Regional Media properties and more. Â The company in a Tumbler blog post revealed that the company in coming days will focus on core consumer products: Mail, Search, Tumblr, News, Sports, Finance and Lifestyle.
â€śDuring our last earnings call, we outlined a plan for simplifying the business and focusing on our strengths across seven core consumer products: Mail, Search, Tumblr, News, Sports, Finance and Lifestyle. Over 1 billion people come to Yahoo each day, and we are dedicated to providing them with the best experience possible.â€ť-Amotz Maimon, the Chief Architect
Yahoo Games which allows users to play games online will be discontinued from Friday, May 13, 2016 along with itâ€™s another service Publishing Channel. The company also announced that by the end of this month they are planning to shut down LiveText which allows users to experiment with new user experiences and features to drive innovations across products. But the company â€śplan to incorporate the learnings and features into Yahoo products including Yahoo Messenger, our core messaging platform.â€ť
Yahoo which has around 1 billion daily users worldwide, has been struggling with its business and in the last 12 months companyâ€™s shares have dropped 29 percent putting the company in struggling situation. In the last couple of months, the company has taken tough decision to operate its business- from layoff to reducing services. In the coming weeks the company expected to pull the trigger for regional media â€“ genre-specific media properties that provide content on News, Sports, Finance and Lifestyle.
The report also suggests that Yahoo will close Astrology service in some countries like UK, France, Germany, Spain and India. The company will no longer support BOSS JSON Search API and BOSS Hosted Search, as well as the BOSS Placefinder and Placespotter APIs from March 31, 2016.
Featured Image: Christian Barmala