Posts Tagged ‘Delicious’

Yahoo sells Delicious to YouTube founders Hurley and Chen

Thursday, April 28, 2011 23:17 No Comments

Yahoo’s finally found someone to take bookmarking service Delicious off its hands, selling up to YouTube founders Chad Hurley and Steve Chen. Yahoo acquired Delicious about five years ago. Late last year, the company announced that it was planning to shut down Delicious, along with several other poorly-performing services, after making nearly 600 layoffs. It warned that if no buyer appeared by this July, the unit would be closed. But Hurley and Chen have ridden to the rescue, saying they plan to incorporate Delicious into their new venture, Avos. They say they intend to continue the service in its present form. “We’re excited to work with this fantastic community and tak

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