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Yahoo Sells Delicious to Youtube founders

Yet an another sale from Yahoo! Yahoo services shut down which has become a common news today has more to add to it. After the recent closing of Yahoo Services such as Yahoo Buzz, Mybloglog , Yahoo has gone on to sell its service Delicious to You tube founders Chad Hurley and Steve Chen.

Reader should note that, Youtube was started by Chad Hurley, Steve Chen and Jawed Karim in 2005. Later on October 2006, Google Inc. announced that it had acquired YouTube for $1.65 billion in Google stock, and the deal was finalized on November 13, 2006.

Yahoo emailed its users ( including us) on the sale. The emails continues below

Dear Delicious User,
Yahoo! is excited to announce that Delicious has been acquired by the founders of YouTube, Chad Hurley and Steve Chen. As creators of the largest online video platform, Hurley and Chen have firsthand expertise enabling millions of consumers to share their experiences with the world. Delicious will become part of their new Internet company, AVOS.

To continue using Delicious, you must agree to let Yahoo! transfer your bookmarks to AVOS. After a transition period and after your bookmarks are transferred, you will be subject to the AVOS terms of service and privacy policy.

Reasons to let Yahoo! transfer your bookmarks
• Continue uninterrupted use of Delicious.
• Keep your Delicious account and all your bookmarks.
• Enjoy the same look and feel of Delicious today plus future product innovations.
What happens if you do not transfer your bookmarks
• Delicious in its current form will be available until approximately July 2011.
• After that, you will no longer be able to use your existing Delicious account and will not have
access to your existing bookmarks or account information.
About AVOS
AVOS is a new Internet company founded by Chad Hurley and Steve Chen who, in 2005, founded YouTube, the world’s largest online video platform. Before YouTube, Hurley and Chen were early employees at PayPal, a leading online payment service that is now part of eBay. Delicious will become a part of AVOS, based in San Mateo, California.
Learn more about moving your bookmarks.
Thank you for using Delicious. Yahoo! has appreciated having you with us, and we are pleased to be able to transfer Delicious to an incredible new owner — you’re in good hands.
The Yahoo! Delicious Team

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