Yahoo! Buys Bookmarking Community
by Gavin O’Malley, Monday, Dec 12, 2005 6:00 AM EST
INVESTING FURTHER IN THE COLLECTIVE intelligence of online communities, Yahoo! on Friday said it acquired the bookmark-sharing site Del.icio.us. Financial terms of the deal were not disclosed. The move comes less than a year after Yahoo! acquired Flickr, an online photo-sharing site that, like Del.icio.us, derives its value from user interaction.
Ratings and trusted sites are currency in online communities, and whoever nails it down, will win the battle. Wiki lists are a substantial part of the war. One mark to Yahoo!.