An anonymous reader writes "The Old Reader, a popular RSS service and alternative to Google Reader, last week revealed it would be closing its service to the public in two weeks. Soon after the backlash, there was hint of a stance reversal, and now it's happened: The Old Reader will remain open to the public, thanks to a bigger team and 'significantly more' resources, both provided by a new corporate entity located in the US. While details about this 'corporate entity' are indeed scarce, we do know the announcement was authored by an individual named Ben Wolf. He promises his team consists of 'big fans and users' of The Old Reader who want to help it 'grow and improve for years to come' and who will be introduced properly in the coming weeks."
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