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."
What started off as a leaked screenshot on Twitter, which launched a large amount of speculation, turns out to be a number of products being merged or killed by Yahoo! Following their recent round of layoffs, it appears that the company announced at an internal meeting that they will be refocusing their efforts, and this includes cutting down on their number of products and services. According to the screenshot, products to be shut down include MyBlogLog, Yahoo! Picks, AltaVista, Yahoo! Bookmarks, Yahoo! Buzz and Delicious. Others will be merged into other offerings.
While there is no official announcement yet, a Yahoo! spokeperson said: "Part of our organizational streamlining involves cutting our investment in underperforming or off-strategy products to put better focus on our core strengths and fund new innovation in the next year and beyond. We continuously evaluate and prioritize our portfolio of products and services, and do plan to shut down some products in the coming months such as Yahoo! Buzz, our Traffic APIs, and others. We will communicate specific plans when appropriate." The reactions have been quite vivid on Twitter and Facebook, especially as it pertains to Delicious, a social bookmarking service.
Read More | Yahoo! News
RealAudio and ultimately Real Video was the original, old school audio and video compression used on the Internet during the early Web 1.0 days. No doubt that Web 2.0’s rise in popularity was caused in part by YouTube and the ability for its users to easily send video up to a server and have it transcoded and streamed on the fly - without the need for expensive programs like the RealMedia server set.
YouTube leveraged the Adobe Flash technology, which in its infancy, would show only cartoon like video, then incorporated codec, or software decoding support for television like motion video. This has been the standard for video distribution on the Internet, but requires support for software, and only lately has incorporated decoding within hardware. Notably the iPad and iPhone are two such media devices that do not have flash media decoding support due to a long feud between Apple CEO Steve Jobs and Adobe. Jobs calls flash a CPU hog, and a claims it would cut battery life on his devices from 10’s of hours to just an hour if it was supported. Instead, he and many others hope to see HTML5 take a rise to prominence.
In this SXSW 2010 session, Christopher Blizzard, director of developer relations with Mozilla, and Michael Dale, lead developer of the MetaVid project and WikiMedia foundation, go in depth on what HTML5 has to offer as it pertains to video on the web.
What the F*ck is Social Media: One Year Later, is a presentation by Marta Kagan depicting the impact of social media on our current culture. A great starting point for anyone just jumping into the social media bandwagon and a perfect way convince businesses to start taking social media seriously. The presentation explains that social media is about dialog with your consumers—it’s no longer a monologue. Filled with statics, metrics and tips, What the F*ck is Social Media One Year Later is a great presentation that gives some insight into the social media world in a clean, easy to understand manner.
Global Language Monitor (GLM) claims that the millionth English word (term) is “Web 2.0.” The organization seeks out new words and phrases on social networking sites and officially recognizes it after it is used 25,000 times. It beat out “Jai ho,” “N00b” and “slumdog.” While traditional dictionary publishers may not approve their methods, GLM, based in Texas, nonetheless plugs on with that mission as well as advising businesses on how often they are mentioned on the Internet.
Read More | BBC
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