Is Yahoo too late ?

Yahoo's acquired a new domain - Me.me . MEme is a social microblogging site set up by Yahoo.

"Yahoo meme" which was launched by Yahoo as a twitter competitor never really clicked. Earlier this year Yahoo and Twitter signed for Twitter to be integrated in Yahoo web search and also part the Yahoo portal. According to Mashable, its new integration with Twitter are focusing on prime areas like:
- Access to your twitter feed on Yahoo
- Ability to update status from yahoo
- Yahoo search and media integration

Does this mean this is the end of Yahoo meme after the integration ? Will it be like a number of yahoo services like Geocities, Yahoo 360, gallery and Go.

Twitter is slowly growing in India with only 3 million registered users and growing. Yahoo website is the 2nd most visited site in India. If the integration is on Yahoo global then the future of Yahoo meme is.... bad