YouTube founders’

Delicious new venture

Yahoo! has sold Delicious to YouTube founders Chad Hurley and Steve Chen, who promised to continue and grow the popular social bookmarking site.

Financial details of the transaction were not disclosed.

Hurley and Chen, who sold YouTube to Google for $US1.65 billion in 2006, said they planned to integrate Delicious with their new San Mateo, California-based internet company AVOS.

“We’re excited to work with this fantastic community and take Delicious to the next level,” AVOS chief executive Hurley said in a statement.

“We see a tremendous opportunity to simplify the way users save and share content they discover anywhere on the web,” Hurley said.

The YouTube co-founders said they would seek to use Delicious to “develop innovative features to help solve the problem of information overload.”

“We see this problem not just in the world of video, but also cutting across every information-intensive media type,” Chen said.

Yahoo! said it will continue to operate Delicious until July, when users will transitioned over to AVOS.

Yahoo! said the sale of Delicious was part of a product strategy that “involves shifting our investment with off-strategy products to put better focus on our core strengths and fund new innovation.”

“We believe this is the right move for the service, our users and our shareholders and look forward to watching the Delicious technology develop,” Yahoo! said.

Delicious, which has millions of users around the world, was launched in 2003 and bought by Yahoo! in 2005.

AFP   Sourced & published by Henry Sapiecha

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Facebook tops Google

as most visited site in U.S.

(Reuters) – Facebook blitzed Google for the first time as the most visited website in the United States for most of 2010.

The social network site edged out Google.com with 8.9 percent of all U.S. visits between January and November 2010, while Google.com ranked 2nd with about 7.2 percent of all visits, according to online analysis service Experian Hitwise.

Facebook’s rise to the top spot shows just how quickly the site has grown in popularity. Within the span of six years, Facebook has become the world’s largest Web social network with roughly half a billion users worldwide.

Google.com dominated the top spot as the most visited website in the USA in 2009 and 2008. News Corp’s MySpace was the No. 1 visited website in 2007. It is now ranked No. 7.

However, when all of Google’s properties are considered — such as YouTube and email, as an example — Google still reigns as the most visited site at 9.9 percent between January and November 2010. Facebook follows at 8.9 percent. Yahoo and all of its properties ranked third at 8.1 percent.

Sourced & published by Henry Sapiecha

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