Why is Yahoo Answers shutting down? What is the reason behind it? ?

..imo only.....It is a PRIVATE BUSINESS who has made a decision after much deliberation I am sure.

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 New laws are coming out that will hold social media sites responsible ( libel) to clean up what is posted ( racism. slander, abuse ,porn etc...FAST or face fines = $$$$$$$$$$$

For the umpteenth time: Because Verizon Media is choosing to shut it down (just as they did Yahoo Messenger and Yahoo Groups). No specific explanation was given, but considering the significant decline in quality of content on the site versus the cost of cleaning it up and keeping it running, it's not a surprise (a disappointment, but not a surprise). Do you really think this question hasn’t been asked dozens of times already? One need only review the question list to find the responses.

A declining number of users in the last several years has forced Verizon to plan for its shutdown on May 4.

Yahoo Answers has not been doing well Lately a lot of Users have Left Poor Maintenance of the

Site they have not Fixed a lot of the Problems they are Likely Losing Money on it as well so

They feel its Best to Close it Down If there not going to Fix it they minus as well Close it

Down

The reason is because it isn't as visited as it was prior to the green format being changed to the purple we now see.