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Weekly News Digest

May 9, 2011 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

YouTube Founders Acquire Delicious From Yahoo!

Delicious.com, the social bookmarking site, has been acquired from Yahoo! by the founders of YouTube, Chad Hurley and Steve Chen. Yahoo! will continue to operate Delicious until approximately July 2011. Delicious will become part of AVOS, a new internet company that plans to build “the best information discovery service on the web.”

The YouTube founders plan to work closely with the community over the next few months 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,” said Chen.

They will be building new features including a Firefox 4.0 compatible extension based on overwhelming demand. An important note is that besides browser extensions, new features will go live in July after Delicious moves to AVOS servers.

Going back to their roots, Hurley and Chen located Delicious in downtown San Mateo, Calif., blocks away from where they started YouTube. They’re aggressively hiring to build a world-class team.

Source: AVOS



Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli
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