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Yahoo Acquires Social Network Del.icio.us

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SUNNYVALE, Calif. - In its latest acquisition of a social networking service, Internet powerhouse Yahoo Inc. (Nasdaq:YHOO - news) on Friday devoured del.icio.us Inc., a startup that enables people to more easily compile and share their favorite content on the Web. Del.icio.us will continue to run its own Web site, which allows users to create a personal account so they can create a page devoted to their favorite online articles, music and reviews. The material can be shared with others simply by sending along the Web link. The content also can be identified with labels, or “tags,” to make it simpler to find. via yahoo news