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Old 07-15-2009, 09:40 AM   #1 (permalink)
 
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Default What does the acquisition of Del.icio.us mean for Yahoo?

http://news.yahoo.com/s/nm/20051209/wr_nm/media_yahoo_delicious_dc;_ylt=As0LPrKZ9CVQCJJV2561 RPYjtBAF;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA--

Yahoo Inc. (Nasdaq:YHOO - news), the world's largest Internet media site, has agreed to acquire Del.icio.us, a site that allows users to share their Web bookmarks, the site's founder said on Friday.

Del.icio.us has only nine employees. Venture backers include Union Square Capital, Amazon.com and BV Capital, among others. Some 300,000 users have shared more than 10 million of their favorite links to Web sites, Schachter said.
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Old 07-15-2009, 10:00 AM   #2 (permalink)
 
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"Joshua Schachter, creator of the site, said that the acquisition would allow it to work more closely with photo site Flickr, which was acquired by Yahoo in March."

I think it will allow Yahoo MySearch 2.0 to be extand too.

"Yahoo Search's Jeremy Zawodny said the company has big plans for del.icio.us in the future. "Just like we've done with Flickr, we plan to give del.icio.us the resources, support, and room it needs to continue growing the service and community," he said.

Zawodny also hinted at some integration to come with Yahoo's My Web service and del.icio.us.

Michael Arrington of the TechCrunch Web log applauded Yahoo's move. "Yahoo, in addition to launching a flurry of new products in the last few months, now owns the two most important tagging properties on the web - flickr and del.icio.us," he wrote Friday."
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