Back in the late-90’s dot-com boom, hosting provider GeoCities was to the Web what sites like FaceBook and MySpace are today: a simple, easy-to-use site where folks could create and publish their own Web pages, complete with templates, backgrounds, annoying blinking text, and the same animated GIF mailbox highlighting an email address. Yahoo bought GeoCities in 1999 for almost $3 billion; now, Yahoo has announced it is closing the venerable hosting service in a bid to cost costs and improve its bottom line.
