This past April YouTube co-founders Chad Hurley and Steve Chen acquired link-sharing service Delicious.com from Yahoo! The two are prepared to launch a new version of Delicious.com later this year. Delicious is one of the most popular bookmarking services today. Delicious allows people to save and bookmark links from the Internet for future reference and organizing them using tags. Personally I am not a fan of Delicious as I like Google Bookmarks better.

Corporate social media management company Hearsay Social has raised $18 million. The company launched this past February. Hearsay provides franchise companies and businesses with local chapters the ability to monitor social media across the whole organization.

YouTube co-founders Steve Chen and Chad Hurley has announced that they have acquired Tap11. Tap11 is a real-time social media business intelligence platform company. This is Hurley and Chen’s second biggest acquisition within the last month. Recently they acquired Delicious from Yahoo! Tap11 will become a subsidiary of Chen and Hurley’s company AVOS.

Yahoo! Inc. (NASDAQ:YHOO) has sold off Delicious (formerly known as Del.icio.us) to YouTube co-founders Chad Hurley and Steve Chen. Hurley and Chen will continue to operate Delicious as it is for the next couple of months as users will be able to sign up for new accounts. The parent company of Delicious will now be AVOS, a company that was started by Hurley and Chen. Below is a press release about the transaction. [Yodel Anecdotal]

ReadyForZero is a startup that received seed funding from Y Combinator. ReadyForZero aims to help consumers reduce their credit card debt. Users can connect their credit card accounts online to find out how they can pay off that debt. Users can register a certain date that they want to be debt free by and how much they are willing to pay each month.