In a recent announcement, Xmarks revealed that it can no longer afford to continue operating its popular cross-browser bookmark synchronization service. Although Xmarks attracted a significant audience of users, the company was never able to build a sustainable business around the software. Xmarks cofounder Todd Agulnick says that the lights are scheduled to go out in 90 days, unless the company can come up with a successful freemium strategy or a buyer emerges.
Read more at Ars Technica
