Hurley and Chen, who founded YouTube in 2005 before selling it to Google 18 months later for $1.76bn (£883m), will take over operations of Delicious in July 2011, that will become part of their new internet company AVOS.
Trivia:-
Delicious, which was founded in 2003 by Joshua Schachter, was acquired by Yahoo in 2005 for a sum reported to be in the region of $10m to $15m.
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