YouTube men buy Delicious from Yahoo
The founders of YouTube have bought bookmarking service Delicious from Yahoo. Chad Hurley and Steve Chen will use Delicious as a key part of their next net venture, Avos A startup thought to be based around tools that help people navigate the vast amount of information generated by web sites and services.
Delicious describes itself as a social bookmarking system in which members flag and tag sites, articles and media they find interesting. These can then be shared with other Delicious users. Delicious was acquired in 2005 by Yahoo and in late 2010 the web giant decided to sell it off or close it down if no buyer came forward.