racoma.com.phJ. Angelo Racoma on technology, economics, writing, problogging, and getting things done

Yahoo! has recently acquired popular social-bookmarking site del.icio.us.

Via Wired:

In its latest acquisition of a social networking service, internet powerhouse Yahoo on Friday chomped down on del.icio.us, a startup that enables people to more easily compile and share their favorite content on the web.

…

Del.icio.us will continue to run its own website, which allows users to create a personal account so they can create a page devoted to their favorite online articles, music and reviews. The material can be shared with others simply by sending along the web link. The content also can be identified with labels, or “tags,” to make it simpler to find.

However, Yahoo! says “the purchase price wasn’t large enough to have a significant impact on its finances.” To me, no matter how “small” or “insignificant” Yahoo! considers the purchase, I’d bet the guys over at del.icio.us have lined up their pockets with quite hefty amounts by this time.

Check out Atty. Punzi’s post at Pinoy.tech.blog.

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