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Yahoo! is excited 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 will become part of their new Internet company, AVOS.
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from the page
If you're using their service you will be asked to convert your yahoo id to new delicious account and transfer your bookmarks.