Wednesday, April 27, 2011

Yahoo Sells Delicious To YouTube's Hurley, Chen

Yahoo said Wednesday afternoon that it has sold social bookmarking site Delicious to Chad Hurley and Steve Chen, the founders of YouTube. Financial terms of the sale were not disclosed. According to Yahoo, it will continue to run Delicious until July of 2011, when the site will be moved over to AVOS, the new company founded by Hurley and Chen.