Delicious Social Bookmarking Site Now Acquired by YouTube Founders

Yahoo! is excited to announce that Delicious has been acquired by the founders of YouTube, Chad Hurley and Steve Chen. As creators of the largest online video platform, Hurley and Chen have firsthand expertise enabling millions of consumers to share their experiences with the world. Delicious will become part of their new Internet company, AVOS.

Following now is a news letter from Yahoo! to its end users(Delicious users). To continue using Delicious, you must agree to let Yahoo! transfer your bookmarks to AVOS. After a transition period and after your bookmarks are transferred, you will be subject to the AVOS terms of service and privacy policy.

Reasons to let Yahoo! transfer your bookmarks

• Continue uninterrupted use of Delicious.
• Keep your Delicious account and all your bookmarks.
• Enjoy the same look and feel of Delicious today plus future product innovations.

What happens if you do not transfer your bookmarks

• Delicious in its current form will be available until approximately July 2011.
• After that, you will no longer be able to use your existing Delicious account and will not have
• access to your existing bookmarks or account information.

About AVOS
AVOS is a new Internet company founded by Chad Hurley and Steve Chen who, in 2005, founded YouTube, the world's largest online video platform. Before YouTube, Hurley and Chen were early employees at PayPal, a leading online payment service that is now part of eBay. Delicious will become a part of AVOS, based in San Mateo, California.

Learn more about moving your bookmarks.

Yahoo! has appreciated having new owners for maintaining and using Delicious. Yahoo! people are pleased to be able to transfer Delicious to an incredible new owner -- in good hands

Hope we will see some new and incredible things in Delicious now onwards..