Monday, December 12, 2005

Yahoo! buys

Yahoo continues with its Web 2.0 makeover. Yahoo Inc. has acquired, a New York-based startup that is considered a pioneer in social bookmarking, a type of online service that lets users save, annotate and tag their favorite Web pages and share their lists with other users.

"Together we'll continue to improve how people discover, remember and share on the Internet, with a big emphasis on the power of community," founder and Chief Executive Officer Joshua Schachter wrote in his company's official blog.

Let's see how this deal makes an impact on Yahoo.

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