The acquisition was confirmed by Delicious, which confirmed the deal via its blog. Yahoo will continue to operate the site until July, when it will pass to AVOS, which is being run by the founders of YouTube, Chad Hurley and Steve Chen.
"Today, we're pleased 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, they have firsthand experience enabling millions of users to share their experiences with the world," Delicious said in its blog post. "They are committed to running and improving Delicious going forward."
Reddit, the social news site, reported that it's been experiencing tremendous growth in 2010. This last December, the site served 829 million pageviews, serving 44.1 trillion bytes from it's 119 servers, up around 230% since the beginning of the year. There's no doubt that Digg, which used to hold up the fort with 200 million pageviews back this summer, is partly responsible, since its failed revamp led to drops in its viewership and job cuts at the company. Reddit also announced that they will be doing votes for best of 2010, such as submission of the year and comment of the year.
Read More | Reddit
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