Official announcement of yahoo’s directory service was confirmed by Yahoo last Friday to the media. Apart from yahoo directory, many other services such as yahoo education, yahoo built app and Qwiki are in the rumors of shutting down as well.
The purpose of Yahoo Directory was mainly to scroll down through many websites just like the other search engines. The launch of this service was made in 1994 and originally named as “Jerry and David’s Guide to the World Wide Web.”
The Yahoo officials did not continue with the same name, due to its not so attractive tagline. Yahoo and many other companies like MSN have faced huge losses in some of their applications. Due to the decrease in demand from their customers’ end, many app were decided to be shut down.
According to the sources, Yahoo’s yearly revenue has dropped by 7%, compared to the previous years. This itself is a big reason to discontinue few of its services, rather spoiling the name and image in the market.
The yahoo followers can view more information on the yahoo site.