WASHINGTON (AFP) - Internet giant Google is shutting down Slide, a developer of applications for social networks it bought a year ago. Most of the team from Slide will remain at Google to work on other opportunities, a Google spokeswoman said in a statement. Slide founder Max Levchin, a co-founder of PayPal, has decided to leave Slide and Google to pursue other opportunities, she added. The San Francisco-based company, which has over 100 employees, said it would give users time to download and preserve their content from Slide products. Google did not disclose a purchase price for Slide at the time of the acquisition in August of last year but various press reports have put it at around $200 million. Slide launched in 2005, making playful or practical applications for social networking websites such as Facebook.