Yahoo confirms purchase of social scrapbooking website startup Snip.it
AFPSAN FRANCISCO -- Yahoo confirmed Tuesday that it bought Snip.it, a young San Francisco startup that lets people create scrapbooks with pictures, articles, videos and other content found online.
January 24, 2013, 11:53 am TWN
“The Snip.it team created an innovative technology that lets people share content in a social and fun way,” Yahoo vice president of product Mike Kerns said in a statement emailed to AFP.
“Reading and sharing content is a core daily habit for most of the world, and we can't wait to work with the Snip.it team to make that experience even more entertaining for our users.”
A message posted at Snip.it told users it was “joining forces” with Yahoo and that the service was no longer available. A link was provided to a hall of fame honoring top Snip.it contributors.