"As a chapter ends, a new one begins."
So its true, Multiply.com is closing down.
Starting December 1st, Multiply will discontinue its social networking, blogging, and sharing services. But the whole site won't shut down totally, instead, they are only closing its social networking site platform (photos, videos, blogs, social messaging, etc.). Multiply will continue, but it will focus into an e-commerce portal.
Stefan Magdalinski, Multiply CEO, has issued this formal announcement:
Before Facebook and Twitter, everyone was on Multiply. I've had my Multiply account since 2006. In Multiply, I've found a virtual shelter - making online friends and networking to shopping and even selling online. I'll remind myself to backup my stuffs as soon as
If you have your Multiply account don't forget to download your photos, blogs and videos or migrate it to another site.