Yahoo Says Goodbye To GeoCities

Back in 1994, GeoCities was one of the first Web sites to help people create their own sites. Yahoo later bought GeoCities for more than $3 billion. When MySpace and other social networking sites came along, GeoCities couldn't keep up. Yahoo officially shuts it down Monday.

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And our last word in business today harks back to 1994, generations ago in the world of technology. That's when there appeared a new place on the Web called GeoCities. It was one of the first to help ordinary people create their own Web pages. Young people today may not know much about GeoCities but back then it was a big deal.

Mr. JOHN ABELL (Wired Magazine): You know, 15 years ago, having your own Web page was the equivalent of being the coolest person in town.

MONTAGNE: John Abell is a senior editor for Wired.

Mr. ABELL: There were no ways to do that unless you knew how to code in HTML and knew what Notepad was. There were no tools. So very early on there were attempts like GeoCities to provide simple tools for people to create their own Web page, which was the most exciting thing you could possibly do.

MONTAGNE: GeoCities became such a hot property that Yahoo bought the company at the height of the tech boom for $3 billion. Then along came MySpace and Facebook and other social networking sites that were easier to use and quickly more popular. GeoCities couldn't keep up. Today, Yahoo is officially shutting it down.

So our last word in business today is a final goodbye to GeoCities.

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