Condé Nast Pulls Plug on Teen Web Properties

About a year ago, Condé Nast converted Flip.com from a standalone teen networking Web site to an online application on Facebook. Now, the company is shutting down the application altogether, along with the application’s Web site, Flip.com.

Users were informed that the app would come down Dec. 16.

Flip, which launched in 2007 as an online scrapbooking site, reached more than 300,000 users but failed to achieve a traffic level that would rival major social networks like Facebook and MySpace.
 
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