Yahoo! Buys the Me.Me Domain, Planning on a Twitter Killer

Yahoo! has bought the Me.Me domain as a part of its strategy to compete with Twitter. This will serve as a nice add-on for its Yahoo Meme service which was supposed to take on Twitter. The domain owes its mane to the country of Montenegro and  the particulars of the deal are being kept undisclosed.

This is clearly indicating that Yahoo! has big plans for the Yahoo Meme it had been sitting on it all this long. Antonio Silveira, director of product development and engineering, Yahoo!  says,

Thanks to Sedo’s services and the consultation of Sedo broker, Jeff Gabriel, we were able to obtain the Me.Me domain name, which is an essential component of our online branding strategy.

Sedo went the extra mile by proactively recommending the domain for our campaign and utilizing their existing relationship with the .Me Registry to quickly and securely acquire it on our behalf.

About Sedo,

Sedo, an acronym for “Search Engine for Domain Offers,” is the leading domain marketplace and monetization provider. Headquartered in Cambridge, Mass., Sedo has assembled the world’s largest database of domain names for sale, with more than 15 million listings.

Almost every tech giant out there is so much in love with microblogging that they are launching one of their own. Though, they should clearly see it now that Twitter rules the microblogging world. Any attempt to get at Twitter is a waste of time and resource. You need an assured and dedicated future-user base even before a huge investment. Twitter here, already has it.

(Via: BusinessWire and PaidContent)

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Chinmoy Kanjilal

Chinmoy Kanjilal is a FOSS enthusiast and evangelist. He is passionate about Android. Security exploits turn him on and he loves to tinker with computer networks. You can connect with him on Twitter @ckandroid.