Yahoo kills 'Livestand' just 6 months after debut

May 25, 2012

(AP) -- Yahoo is killing a tablet magazine called Livestand just six months its debut on the iPad.

The decision announced Friday is part of the struggling Internet company's latest turnaround effort.

Last month, Yahoo Inc. told analysts it would close or combine about 50 services that haven't been performing up to expectations.

That housecleaning was laid out by a CEO, , who stepped down earlier this month amid a flap over incorrect information on his bio. Yahoo interim CEO Ross Levinsohn hasn't said whether the company still plans to dump as many services as Thompson intended.

Livestand featured software that could be customized to pull content from Yahoo's own website, and other digital publishers to cater to each user's tastes.

It was similar to Flipboard, a more popular tablet magazine.

Explore further: Yahoo! joins tablet craze with digital newsstand


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1 / 5 (1) May 25, 2012
Because Business decisions are maximally optimal according to my Libertarian "Friends".

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