The news was as sad as it was unexpected. Kagi, one of the earliest digital commerce companies and long a favorite of many Mac shareware developers, has shut down as of 31 July 2016, just shy of 22 years in business.
Kagi’s home page gives a brief explanation of the situation but to find out more, I spoke with Kagi CEO Kee Nethery, who I’ve known since he was a product manager at Apple in charge of the Mac-based Apple Internet Server line. Here’s the story.
For the whole, sad story, PYBT: Kagi Shuts Down After Falling Prey to Fraud.