Yahoo announces closure of Briefcase

February 3, 2009 Yahoo!'snasdaq: YHOO Briefcase service is to be closed after ten years.

The directory-cum-internet portal's Briefcase, which offers 30mb of online storage of files up to 5mb, is to be shut down on March 30. Data not retrieved before then will be deleted.

Usage of the service has declined in recent years and has been superseded by other companies' offers. Google has plans for a GDrive service, whilst Microsoft's Live Mesh is now in beta. now has unlimited storage, as do paid accounts with the Yahoo!-owned photo- and video-sharing site. A spokesperson for Yahoo! said that "[d]iscontinuing the service will allow us to focus our efforts on more broadly used products".

Yahoo has been losing market value since Microsoft's deal to buy the company fell through in May 2008 and the company has reduced staff. Yahoo! still dominates the market for display adverts but this market is shrinking against targeted search adverts, where Google dominates.