Yahoo kills 'Livestand' just 6 months after debut

Associated Press Modified: May 25, 2012 at 4:45 pm •  Published: May 25, 2012
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SAN FRANCISCO (AP) — Yahoo has killed Livestand, a tablet magazine, just six months after its debut on the iPad.

The decision announced Friday is part of the struggling Internet company's latest turnaround effort.

Last month, Yahoo Inc. told analysts it would close or combine about 50 services that haven't been performing up to expectations.

That housecleaning plan was drawn up by Yahoo's former CEO, Scott Thompson, who lasted at the company for an even shorter period than Livestand. Thompson's four-month stint at Yahoo ended two weeks ago when he stepped down amid a flap over incorrect information on his bio.

Yahoo interim CEO Ross Levinsohn hasn't said whether the company still plans to dump as many services as Thompson intended. A Friday post on Yahoo's corporate blog made it clear that more services will be closed, without specifying a precise number.

"When we discontinue products, it will be so that we can focus on opportunities where we lead and where we can create the most meaningful experiences for people using our products, and for our partners, developers and advertisers," the post said.



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