SAN FRANCISCO - YouTube founders Chad Hurley and Steve Chen Cook another Internet company. This time, its ingredients include Delicious content sharing service.
The creators of the video site most popular world acquired Delicious of Yahoo Inc., which has decided to end of the year last to close or sell the service. The financial terms of the agreement announced Wednesday that have not been disclosed.
Delicious will be part of the Avos, a startup Internet that Hurley and Chen were put in place near San Mateo office, where they began to YouTube in 2005. They sold YouTube to Google Inc. for 1.76 billion in 2006.
AVOS said he is working on ways to help people navigate through the torrent of information cascade of Internet services. How it intends to do so is a mystery. AVOS did not respond to requests for an interview.
"We see this problem in the world of the video, but also cut across all types of media information-intensive," Chen said in a statement.
Delicious apparently will evolve into something slightly different as Avos continues its mission.
"We see a tremendous opportunity to simplify how users save and share content, that they discover that anywhere on the Web," Hurley said in a statement.
Delicious, started in 2003, provides a forum for the sharing of bookmarks information Web "delicious". The service will remain in its current form until July, according to the information displayed Wednesday on the site Web of Delicious. There is no more details on how it might change later.
As he was at YouTube, Hurley is CEO of Avos. He resigned as CEO of YouTube last fall and had put the emphasis on the line of clothing for men, a called Hlaska.
Chen, formerly Director of technology officer of YouTube, leaving YouTube in 2008.
Hurley and Chen mutually meeting while working at PayPal, online payment service which now belonged to eBay. Sale of YouTube to Google makes two rich. Hurley received 735,000 Google shares which were approximately $ 350 million when the agreement was closed in November 2006. Chen obtained the shares of Google 625,000 approximately 300 million at that time.
Yahoo bought Delicious in 2005. The agreement has worked step the way delicious founder Joshua Schachter proposed, and he left the company in 2008.
Yahoo, which is based in Sunnyvale, California, decided to throw Delicious spending reduction strategy adopted by CEO Carol Bartz. Trimming has contributed to increase the earnings of Yahoo, but income remains a funk more than two years after the company has hired Bartz to put in place a turnaround.
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