Brand Update

Desi Brand

Yahoo sells Delicious to founders of YouTube

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.

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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