Yahoo kills its tablet magazine "Livestand" six months after its launch
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Yahoo announced on Friday that it will call off its tablet magazine ‘Livestand’ that was released just six months ago on the iPad. It is an effort to revive the struggling Internet Company it had to take this decision. Along with Livestand, as many as 50 services will be eliminated that have not performed to its expectations.
Former Yahoo’s CEO, Scott Thompson was the one who decided to go for this clean up activity, but the CEO himself did last for only four months as he had to step down due to some controversies over incorrect information on his bio.
Post this controversies Yahoo interim CEO Ross Levinsohn has not clarified whether they will still continue with what the former CEO intended. But it is sure that most of the services will be closed, as they did not specify a precise number.
Livestand was developed in 2010 but did not hit the market till last November. The reason behind Livestand’s failure may be because of the similar iPad application called “Flipboard” which is quite a hit among the customers.
Blake Irving Yahoo’s chief product officer at the time of the tablet magazine’s release believed that this application was a “sort of a remaining of what Yahoo can be”. He left the company last month after Thompson decided to re-shuffle the management and let go 2,000 workers.