Yahoo might be losing out to Microsoft in their search market share in the US, but this does not mean that the company is down and out. No sir, apparently, Yahoo still has their fair share of cash reserves jingling around in their pockets, so much so that they have recently picked up a conference call startup known as Rondee. So far, Yahoo’s top brass has remained mum on what they would want to do with Rondee, but the startup that was first launched slightly more than half a dozen years ago will now be part of Yahoo’s Small Business Team, which is a section of Yahoo that offers assistance to SMBs (Small Medium Businesses) with marketing, web-hosting and in the field of e-commerce.
Having said that, Rondee would begin to wind down their service on the 12th of July, and they have also made the relevant arrangements for accounts to play nice on an alternative service that is known as Instant Conference. Other than Rondee, another startup that Yahoo picked up along the way would be GhostBird Software, whose portfolio includes KitCam and PhotoForge2 for the iOS platform.