Deathwatch
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Pining for the Fjords
AOL Hometown (owned by AOL) was officially killed on October 31, 2008.
Ficlets.com (owned by AOL) has announced they are closing on January 15, 2009.
When the Big Guys Cough, their Subsites get The Flu
Flickr (owned by Yahoo) dumped significant staff, including prominent developers.
Doing Fine, Think I'll Go For a Walk
Facebook seems stable at the moment.