Another one of Yahoo's sprawling properties has gotten the axe: Come mid-September, Yahoo Bill Pay is shutting down. You didn't even know Yahoo let you pay your bills? Exactly. The service, notable when it launched for undercutting banks' online bill-payment fees, has become outmoded. Almost all banks now offer free Web bill payments. And Yahoo, spurred by gadfly executive Brad Garlinghouse's now-famous peanut butter memo, is trying to pare down its offerings to products where its vast user base actually gives it an advantage, like social media. Even so, while a smart business move, the shutdown is equally a sign of Yahoo's diminished ambitions. Barely able to manage itself, Yahoo can hardly be expected to manage your finances.

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