Blackhacker

BetaNews | Yahoo’s del.icio.us Acquisition
Yahoo’s del.icio.us Acquisition
By Ed Oswald, BetaNews
December 9, 2005, 3:09 PM

Social bookmarking service del.icio.us announced on Friday that it had been acquired by Yahoo. Financial terms of the deal were not disclosed. 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 this is a big move for Yahoo. Not that is is was hard for Yahoo, but smart. It now has 2 of the biggiest and enduring social networks under it belt. There is a lot of grassroots development surounding Flikr & Del.icio.us which can be a plant bed for some REAL innovation, not just “bolt is on to our OS and call it innovation”

I always keep thinking “Google should have tried to aquire these guys” but Google has always liked to build rather than buy.

This entry was posted on Friday, December 9th, 2005 at 5:26 pm and is filed under Business, Computers and Internet. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.