FeedLounge, a web based RSS feed reader, has called it quits and are closing operations from 1st June. Apparently the incident that has caused this is a serious injury in Scott Sanders (one of the two co-founders) family, but it was easy for them to come up to this decision because of the relatively small user base of FeedLounge and an uptake in Google Readers user base.
FeedLounge also charges $5 per month or $49.95 per annum, which was another reason for a relatively small user base, specially in the presence of other free readers out there in the market.
The founders are interested in selling the service and some people have already showed interest in that in the comments on their blog post. One commenter has also suggested to open source the code base.
[via]
