Dan Olds, an analyst for OrionX, said: “This is a sad thing for everyone who remembers when Yahoo and AOL were riding high. For many people, AOL was their first experience with the Internet and was probably their first email address. A lot of people’s first experience with Internet search, and other services, was probably with Yahoo. Unfortunately, the companies couldn’t keep up with the ever-changing competition and fell into the backwaters of the Internet.”