The Blog Herald’s source inside Yahoo! has told us that the talks Yahoo! has been holding with a number of blogging tool providers, previously reported on the Blog Herald on August 26, have faltered due to the high prices being asked and scepticism within Yahoo! business development ranks as to whether any serious additional revenue can be made from an acquisition.

Yahoo! is now considering expanding its successful trial of blogging in Korea, which already hosts some 10.000 blogs after only 3 months of service, to English speaking markets.