"With the emergence of competent sync features built in to Mozilla Firefox and Google Chrome, it’s hard to see users paying for a service that they can now get for free. For four years we have offered the synchronization service for no charge, predicated on the hypothesis that a business model would emerge to support the free service. With that investment thesis thwarted, there is no way to pay expenses, primarily salary and hosting costs. Without the resources to keep the service going, we must shut it down."
Xmarks was founded in 2006 and started as a free service for Firefox browsers. It expanded to other browsers in 2009 adopting the current Xmarks name. [BGR]
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