Yahoo Buys

I’m a little worried about this.

Joshua Schachter, the founder of, confirmed a posting on the New York-based start-up’s site that the company had been acquired by Yahoo. A Yahoo representative confirmed that the agreement to buy had closed on Friday.

Neither party disclosed financial terms.

“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.” provides a simple way for hundreds of thousands of Web users to share and categorize their favorite Web page bookmarks as Web pages.

Originally posted by Chris from Cynical-C Blog, ReBlogged by emma on Dec 11, 2005 at 04:03 PM

you might notice that here, on this blog, we use both Flickr and I don\’t know if it\’s because Yahoo! has a really good team of people, but it\’s still a bit strange regardless…