Monday, December 12, 2005

Yahoo buys Del.icio.us

Yahoo has just announced buying Del.icio.us, the social networking site that lets you store your favorite web sites and pictures and music and books and then tag them and share them with your friends or whoever.

Yahoo has been rampant this year in buying up web2.0 services sites and Del.icio.us is another great exaample of this.

Like Google is shaping up to be the undisputed leader of search on the internet, Yahoo is shaping up to become the undisputed leader of services. The former providing the most critical tool for the web, the latter the most vital destination.

I'd use them both and invest in them both. I think they're significantly different and clearly leaders in their own category. Even if they both get closer to each other in terms of offerings and competition, they're sure shaping up to be the Coca-Cola and Pepsi of the internet.

Another good strike by Yahoo - now the balls over to you Google!

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