Saturday March 12, 2011

Yahoo Sells Off Delicious

If all of the reports on this rumored sell are correct, Yahoo will be cutting the bookmarking web service from its ranks for a reported $5M. Considering Yahoo was rumored to have paid $18M for the service in 2005, the investment has obviously not been a profitable one for Yahoo.

\"We\'re actively thinking about the future of Delicious and we believe there is a home outside the company that would make more sense for the service, our users and our shareholders."