San Diego - Eyespot, a three-year-old company that provided online video editing and publishing services, is shutting down, according to an e-mail sent to users by president and CEO Jim Kaskade.

New York - Following the collapse of a planned merger with fellow video-sharing site GoFish, New York-based Bolt, Inc. has ceased operations, according to a note on the company's website.

New York - After closing its 13 "hyperlocal" citizen journalism news sites in D.C., Chicago and the Bay Area late last month, Backfence has announced that it will shut down, citing "business issues," the Associated Press reported.

Cedar Knolls, N.J. - MediaBay, a provider of spoken word audio content that has been seeking a buyer since early last year, announced that it is ceasing operations.