Feeds

Yahoo! to! offload! Delicious! as! early! as! next! week!

Report suggests StumbleUpon could be new suitor

The Essential Guide to IT Transformation

Yahoo! is reportedly close to bagging a new suitor for its bookmarking web property Delicious.

A buyout deal of between $1m and $2m has been suggested by a source familiar with the talks, according to Business Insider.

The report said it was unclear which "strategic partner" was planning to acquire Delicious, but some have tagged StumbleUpon as the possible buyer, given that it recently completed a $17m funding round.

Yahoo! scooped up the social bookmarking service in 2005. By the summer of 2008, the company's founder, Joshua Schacter, had quit the purple palace.

In December last year Delicious confirmed rumours that Yahoo! wanted to offload the site.

"While we have determined that there is not a strategic fit at Yahoo!, we believe there is a ideal home for Delicious outside of the company where it can be resourced to the level where it can be competitive," said the Web2.0 outfit at the time.

However, the company has yet to break free from Yahoo!. According to Business Insider, the sell-off is taking its sweet, or perhaps bitter, time because the Delicious infrastructure relies on Yahoo! tech.

A sale could be closed as early as next week, said the report. ®

The Essential Guide to IT Transformation

More from The Register

next story
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
NO MORE ALL CAPS and other pleasures of Visual Studio 14
Unpicking a packed preview that breaks down ASP.NET
KDE releases ice-cream coloured Plasma 5 just in time for summer
Melty but refreshing - popular rival to Mint's Cinnamon's still a work in progress
Leaked Windows Phone 8.1 Update specs tease details of Nokia's next mobes
New screen sizes, dual SIMs, voice over LTE, and more
Another day, another Firefox: Version 31 is upon us ALREADY
Web devs, Mozilla really wants you to like this one
Put down that Oracle database patch: It could cost $23,000 per CPU
On-by-default INMEMORY tech a boon for developers ... as long as they can afford it
Google shows off new Chrome OS look
Athena springs full-grown from Chromium project's head
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.