Yahoo! Inc. has sold its Delicious bookmarking tool to YouTube co-founders Chad Hurley and Steve Chen, Bloomberg reported today.
The sale was part of Yahoo!’s plan to get rid of underperforming sites and cut staff to create more profit. Delicious will become part of Hurley and Chen’s new Internet company AVOS.
Meanwhile, AOL Inc. subsidiary MapQuest has been moved to new headquarters in Denver just in time for its 15th anniversary, the Denver Business Journal reported.
On hand for the celebration was Arianna Huffington, whose Huffington Post was acquired by AOL in February. She called the online mapping service “a great comeback story.” MapQuest is being expanded, and will soon be found as the technology behind maps, business information and location-based advertising across AOL’s websites, including the HuffPo and AOL’s Patch news service.
The sale was part of Yahoo!’s plan to get rid of underperforming sites and cut staff to create more profit. Delicious will become part of Hurley and Chen’s new Internet company AVOS.
Meanwhile, AOL Inc. subsidiary MapQuest has been moved to new headquarters in Denver just in time for its 15th anniversary, the Denver Business Journal reported.
On hand for the celebration was Arianna Huffington, whose Huffington Post was acquired by AOL in February. She called the online mapping service “a great comeback story.” MapQuest is being expanded, and will soon be found as the technology behind maps, business information and location-based advertising across AOL’s websites, including the HuffPo and AOL’s Patch news service.
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