ReadWriteWeb

Five years to the month after it was founded, cross-blog social networking widget MyBlogLog will be closed down by Yahoo! in January, we're hearing from sources close to the project. MyBlogLog is a service that shows blog writers and readers the faces and profile information of other MyBlogLog users that visit their sites.

MyBlogLog was a wildly innovative service that grew fast after launching and was acquired in January 2007 by Yahoo! for $10 million. It made a deal with users: Give us your personal information and we'll show you the faces of people who read your blog. That was a compelling offer and the resulting data amassed could have proven invaluable, had Yahoo! chosen to cultivate it and a developer ecosystem around it. That potential was so great, in fact, that sunset for MyBlogLog is downright tragic. It's also likely to anger bloggers all around the web.