Was surfing by Yahoo the other day and ran accross a video from the 9 spot from Yahoo television featuring an electric sports car called Tesla. After watching the video I understood why this makes sense, the car emits nothing from the tail pipe and burns no fossils fuels, and if your like me and use solar panels then the sun would charge it up meaning no more gas. The company founded by the same man who made paypal and some other Silicon Valley big wigs. As always click on the headline link to see the full story.
Yahoo Inc. and Six Apart Ltd., creator of Movable Type — the most popular software used to create professional blogs — said on Sunday Yahoo will be the preferred supplier of Movable Type for small businesses.
The partnership is the latest in a string of deals by the world’s largest Internet media company as it seeks to embrace so-called “social media,” the new generation of Web sites that encourage Internet users to share written text, photos and videos.
On Friday, Yahoo acquired Del.icio.us, a site for users to share their favorite Web links. Earlier this year, it acquired Flickr, which offers a way to annotate and share photos.
Yahoo will effectively act as the preferred provider of Movable Type for small business users, taking advantage of its scale and efficiency, Anil Dash, vice president of professional products for San Francisco-based Six Apart, said in a phone interview.
“This is going to be our recommended (sales) channel for small business,” he said.
Sunnyvale, California-based Yahoo said it will offer commercial blogs based on Movable Type as part of its existing small business Web-site management service.
Yahoo provides customers with a unique Web address, blogging tools and business-class e-mail services with spam and virus protections for less than $12 a month.
Movable Type is commonly used by businesses, Web designers and professional bloggers to create easily updated Web sites. Other blog software such as Google Inc.’s Blogger, WordPress, Xanga and Six Apart’s own Live Journal, are more often used to create blogs for individuals.
Yahoo hosts roughly 30 million individual Web sites, including hundreds of thousands of small business sites, said Rich Riley, general manager of Yahoo’s small business unit. One in eight U.S. online stores are hosted by Yahoo, he said.
Yahoo is one of the world’s largest suppliers of hosted Web sites, which refers to Web sites set and maintained for customers by Yahoo for a monthly subscription fee.
Six Apart said it had optimized the underlying software in Movable Type so that it responds twice as fast as the same software offered by Six Apart’s own Web site.
By Eric Auchard
Fri Dec 9, 5:31 PM ET
SAN FRANCISCO (Reuters) – Yahoo Inc. (Nasdaq:YHOO – news), the world’s largest Internet media site, had agreed to acquire Del.icio.us, a popular Web site that helps users share links to their favorite Web sites, the site’s founder said on Friday.
Joshua Schachter, the founder of Del.icio.us, confirmed a posting on the New York-based start-up’s site that the company had been acquired by Yahoo. A Yahoo spokeswoman confirmed that the agreement to buy Del.icio.us had closed on Friday.
Financial terms were not disclosed.
“We are joining forces to build my vision of creating a way for people to remember things together,” Schachter told Reuters in a phone interview. “It is a shared memory site.”
Del.icio.us (http://del.icio.us/) provides a simple way for hundreds of thousands of Web users to share and categorize their favorite Web page bookmarks as Web pages.
It is considered one of the leading examples of the “Web 2.0” phenomenon which refers to a new generation of collaborative sites that has grown up on the Web in recent years and which depend on user-contributed information.
The acquisition of Del.icio.us marks the second major acquisition by Yahoo of a leading “social networking” site. Sunnyvale, California-based Yahoo acquired popular photo sharing site Flickr (http://www.flickr.com/) earlier in 2005.
Del.icio.us has only nine employees. Venture backers include Union Square Capital, Amazon.com and BV Capital, among others. Some 300,000 users have shared more than 10 million of their favorite links to Web sites, Schachter said.
As a sideline to his day job at New York investment bank Morgan Stanley, the Web developer has been responsible for creating two cult crazes on the Internet.
Schachter was co-developer of Memepool (http://www.memepool.com/), a kind of daily diary of links to interesting Web sites that has been running since 1998.
Schachter plans to move to Sunnyvale to join Yahoo’s search products group, the same division where Flickr is based.
“Just like we’ve done with Flickr, we plan to give del.icio.us the resources, support, and room it needs to continue growing the service and community,” Jeremy Zawodny, an engineer in Yahoo’s search group, said on a Yahoo company blog. (http://www.ysearchblog.com/archives/000223.html)
Del.icio.us joins a growing stable of properties where Yahoo seeks to encourage hundreds of millions of its users worldwide to rely on the opinions of others — — their writings, photos, videos and Web links — to search the Web.
The company is working to integrate a range of different user-contribution functions across the Yahoo.com network, from Yahoo news to travel to search