Yahoo is Closing Down its URL Shortener Tomorrow


Yahoo is going to shut down its URL shortening service tomorrow. Yahoo announced today that the YQL powered y.ahoo.it URL Shortener will be shut down on Wednesday (November 20th). "A URL shortening...

Digg gets bought by Betaworks the Company behind bit.ly


Social bookmarking site digg.com got bought by Betaworks. Betaworks is known mostly for the URL shortening service bit.ly. An early report on the WSJ said that the price was only $500,000. This...