Snip.it, is the ‘start-up’ founded by Ramy Adeeb in 2011. In 2012 Adeeb told that he came up with the idea during the recent Egyptian revolution, “when he wanted to share articles on Middle East politics, Twitter would not let me, since most of their interactions with my followers are concerned only technology issues in Silicon Valley “.
The terms of the agreement, which was first revealed to technology blog All Things D, were not specified.
One of the last post that the company Snip.it hung in his blog, said closing your current service, but will work on getting “social news” for Yahoo!, without further details.
Marissa Mayer, former executive of Google, Yahoo! took over last July and has since tried to relaunch the company acquiring new talent and new businesses.