Xmarks, the bookmark syncing service formerly known as Foxmarks, announced on the 27th of September that it will be shutting down the free bookmark synchronization service and will be deleting its users’ data on January 10, 2011. This was announced by Todd Agulnick (Co-Founder and CTO). The free, cross-browser syncing service couldn’t find a viable business model that support the free bookmark service and enable it to remain afloat. With money running tight and options fading, they have been looking for potential buyers for the past few months, but unfortunately they were unable to find one.
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