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YouTube Founders Save Delicious

Saving a beloved Web service from the dustbin of history, YouTube co-founders Chad Hurley and Steve Chen has reportedly agreed to buy Delicious. Last fall, word got out that Yahoo was planning on "sunsetting" the bookmarking service, which many interpreted to mean killing. Yahoo later clarified that its intention was to find a new home for Delicious, but the service's future remained uncertain.

Now, Hurley and Chen are acquiring Delicious for an undisclosed sum and founding a new company, AVOS. "A blog post on the Delicious site reassures users that the transition from Yahoo to AVOS will be seamless and the service will continue," notes ReadWriteWeb. "As creators of the largest online video platform, [Chen and Hurley] have firsthand experience enabling millions of users to share their experiences with the world," Delicious writes.

It's not yet clear how Delicious will change under its management, or what business AVOS will be in. In a statement, AVOS says its founders are "aggressively hiring to build a world-class team to take on the challenge of building the best information discovery service on the Web."



Read the whole story at ReadWriteWeb »

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