Sunday, May 1, 2011

YouTube founder buys Delicious- social bookmarking site


According to IDG News Service, Delicious, a social bookmarking site and one of the many companies of Yahoo which Yahoo was going to close will live as a new Internet company run by YouTube founders Chad Hurley and Steve Chen.
Delicious future was in question when Yahoo announced its intention to divest itself from it last year, now Delicious will become part of Avos, a company launched by YouTube founders.
Delicious founded by Joshua Schachter in 2003 lets users save, share and tag website links. It also helped users save bookmarks locally in web browsers within PCs.
Yahoo has acquired Delicious in 2005 and was seeking buyers for it from last year after realizing that it didn’t fit with the company’s.current strategy.
Delicious will be moving to its new home but older bookmarks will be maintained. Delicious users will also have a chance to open new account with Avos.

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