Brief: Yahoo closing down user-created chat rooms. Explanation: Many of these rooms were in the “Education” section, labelled as “Girls 13 And Under For Older Guys” and so on. Some advertisers (Pepsi, Georgia-Pacific Corp.) found out about this and started to pull their ads when they realized their ads were appearing in these rooms.
The rooms that Yahoo creates and maintains are still running, it is just the user-creation rooms that are being disabled. And about damned time! How long have these things run for, Yahoo? Did you honestly think that they were innocent? You may “condemn” such activities now, but I’m betting you knew about them long before your advertisers started to pull ads and your profit margins started to shrink.