Yahoo answers is shutting down May 4th. Why?

It is a private business who has made a decision after much deliberation I am sure.

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 New laws are coming out that will hold social media sites responsible ( libel) to clean up what is posted ( racism. slander, abuse ,porn etc...FAST or face fines = $$$$$$$$$$$

Yahoo Answers has not been doing well Lately a lot of Users have Left Poor Maintenance of the

Site they have not Fixed a lot of the Problems they are Likely Losing Money on it as well so

They feel its Best to Close it Down If there not going to Fix it they minus as well Close it

Down

Money.    You can expect them to shut down the e-mail too so you should set up an alternative ASAP. 

Declining usage has forced Verizon to announce the permanent closure of Yahoo Answers on May 4. The last day to submit your postings is on the 20th of this month, after which the site will revert to read-only mode for the next two weeks before its shutdown.