MyBlogLog, a blog statistics service which recently transformed into a social network has been sold to Yahoo at an estimated price of $10 – 12 million. MyBlogLog is yet another addition to Yahoo’s big list of social networks which include del.icio.us and Flickr.
MyBlogLog quickly gained popularity when bloggers started building communities around their blogs and inserting the cool widget that showed avatars of recent visitors which also acted as a tracking code for blog statistics.
MyBlogLog Official Blog: “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”
Yahoo didn’t have a stat tracking service to compete with Google Analytics, but this acquisition will fulfill that as well. Yahoo plans to keep MyBlogLog as a separate asset, but soon Yahoo users will be able to register on MyBlogLog using their Yahoo ID.
Source: Mashable


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