Following Layoffs, Yahoo Cuts Products: MyBlogLog, Delicious, Yahoo! Buzz

At an all-hands meeting for the Yahoo product team following a round of layoffs yesterday that significantly impacted that group, Chief Product Officer Blake Irving announced plans to “sunset” eight products.

Twitter Partner Gnip Raises $2M for Social Media Monitoring Data

Gnip, which helps social media monitoring companies collect data, and yesterday became the first company authorized to resell Twitter data, has raised $2 million in funding.