Yahoo! snags Upcoming.org
As if the M&A frenzy wasn't already cruising along at the speed of light, Tuesday brought the news that Andy Baio's "side project," Upcoming.org, had been purchased by Yahoo!. The free-to-use calendar site has been super useful to me, and the ability to snag an RSS feed for any locality you choose in order to keep tabs on what is going on in your neighborhood is great.
It certainly looks like companies are seeing the light when it comes to recreation of the wheel and attempting to attract new users to their networks. I'm never one to think that these moves are bad choices on the part of the original creators/owners, but there have been varied stories in the past about how a product or service is used when it transitions to the big firm's control - let's hope that Yahoo! treads carefully with the users of Upcoming. Here's Yahoo!'s take on the move.
Congrats to Andy, Gordon Luk and Leonard Lin! Looks like yet another "acqhire" for the books (Thanks, Rex!)
[via Scoble]
