Before I really started using RSS like I do now (250+ feeds and growing), I used blo.gs to keep track of when the blogs I read were updated.
Well, Blo.gs has been sold to an unnamed individual and will transfer ownership, including account information and user data, sometime on or around June 13.
They plan to continue providing the same features that exist now, and will be working on making blo.gs even better. the new owners will be in touch shortly after they’ve taken over the service next month.
If you have an account there and don’t want your user data transferred to this unknown person/company, make a backup of your list (export XML) and delete your account. I have already noticed the number of users drop by about 200 or so since the announcement.
Besides, after the transfer of ownership, if everything seems to be on the up and up, it is easy to re-create your account and re-import your list.