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Yahoo Acquires Rockmelt

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Aug 2, 2013, 12:17 PM   by Eric M. Zeman

Yahoo and Rockmelt today announced that Yahoo has acquired Rockmelt. Rockmelt used to offer a socially-aware browser to smartphones, but pivoted earlier this year and turned into a web-based content discovery service. It released new smartphone apps to replace its browser. According to Rockmelt, user data that's been saved in the service can be exported as bookmarks and feeds as an OPML file. The Rockmelt smartphone apps and web service will be shut down on August 31. Terms of the acquisition were not clear. Rockmelt said that its team will be joining Yahoo, but didn't say in what capacity.

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T Bone

Aug 5, 2013, 8:20 PM

What are they doing?

Why is Yahoo! buying up all these companies? Most of these companies aren't even making a profit so they don't seem like particularly good investments.
 
 
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