As we had originally predicted Yahoo has announced that they are killing their Meme service.

Yahoo Meme was launched in 2009 and it was pretty similar to Twitter in nature.

It was unlikely to survive considering the competition and Yahoo is finally giving up.

The company said in a statement:

Important: Meme will be discontinued on May 25, 2012

Unfortunately, the time has come to say goodbye to Meme.

As part of Yahoo!’s commitment to delivering Web content and tools that matter most to people, we are reprioritizing our portfolio so we can focus on our core strengths and new innovations.