TechCrunch is reporting that MyBlogLog (a social media site for bloggers) has sold to Yahoo! for $10m.
This is a pretty impressive sale as MyBlogLog has transitioned from being a blog metrics package to a social media one in a relatively short time. Congrats to the MyBlogLog team.
Update – TechCrunch have posted that they may have been premature in their claims and that MyBlogLog and Yahoo! are in the early stages of negotiation rather than the end ones.