Following a few days of intense activity on most of the social sharing sites, Web Development and Design Blog WebMonkey reported yesterday that bookmarking site Delicious will not be shut down. Instead, owner Yahoo is saying that it is seeking to sell the service in hopes that there is no disruption for the service’s millions of fans who are scrambling to figure out what to do with all their bookmarks.
This announcement followed a leak last week that identified Delicious as a ”sunset” asset in its portfolio. The news came as a complete shock to the services many users who constitute a small but relatively loyal fan base as compared to social media darlings Facebook, Twitter and LinkedIn. The leak also happened on the heels of healthy valuations and additional rounds of financing announced for Facebook and Twitter.
The blog on the delicious site states that owner Yahoo is looking for “a home outside the company that would make more sense for the service and our users.”
The statement also blames the tech press for making the assumption that the term “sunset” means shuttered. It does not, however, comment on the fate of the other services listed in the leaked memo including MyBlogLog, AltaVista Yahoo Buzz and others. There was also no denial that Yahoo laid off many of the personnel involved with Delicious.