Yahoo backtracks, becomes more MySpacey
Lloyd Braun has announced that Yahoo will backtrack a bit from its ambitious plans to create lots and lots of television-like web content. Instead, it’s going to rely on, you got it, user-created and -submitted content. From the NYT:
Mr. Braun insisted that Yahoo would not abandon its efforts to have original material, but he said it would embark on only a handful of new ventures this year, not the dozens he had been promising last year.
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