TECH CRUNCH – Nov 5 – Korean based
CyWorld, a massive virtual world, is closing down its site in the
U.S. For unknown reasons. The service was first launched in the U.S.
in 2006 and is estimated to be the 12th most valuable
social network in the world, though its U.S. operations catered to
only 112,000 visitors a month. CyWorld is in the process of issuing
refunds for unused Acorns, their version of virtual currency. FULL ARTICLE @ TECH CRUNCH