Yahoo has sold Delicious for $5 Million [REPORT]
Yahoo has sold for the sum Delicious underwhelming $ 5 million, according to a report by a technology blog.
Citing "a solid report from a reliable and proven source," The Next Web says the service has been sold to a competitor in the space around social bookmarking.
Inadvertently Yahoo announced plans to "sunset" Delicious when a slide of an internal meeting was leaked to the web in December. Since then, many technology companies, including Google, have developed tools to import marker specifically for users of Delicious.
At this point, many startups have been able to divert Delicious users while many have wondered whether Yahoo would even be able to sell web property, waving, which was never really money in the first place, according to the founder of Delicious .
Yahoo acquired Delicious in 2005 for a reported 18 million. If both the $ 18 million and $ 5 million, the figures are correct, the whole history of service has been tremendously profitable Yahoo.
However, given the aforementioned leakage of confidential information, and bleeding under the users, we can not say that $ 5 million is an unfair price.
We have come to Yahoo for comment and update our readers more details available.
UPDATE: A Yahoo representative said recently via e-mail that although the company is unable to comment on rumors, "Part of our organizational streamlining involves shifting our investment in low-performing products or off strategy pay more attention to our facility strengths and new innovation fund in the coming year and beyond.
"We are actively thinking about the future of Delicious and believe it is a home from the company that would make more sense for the service, our customers and our shareholders. We are in the process of exploring a variety of options and report specific plans where necessary.
" Delicious undoubtedly would not be profitable Yahoo, ". A house outside the company" we are eager to learn what will happen with the service and whether to continue operating in its current form
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