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Web startups are made out of two things: people and code. The people make the code, and the code makes the people rich. Code is like a poem; it has to follow certain structural requirements, and yet out of that structure can come art. But code is art that does something. It is the assembly of something brand new from nothing but an idea.This is the story of a wonderful idea. Something that had ne

From Yahoo! News: Botox may soon become an NHS-approved remedy for chronic migraine in England and Wales, following a recommendation by the health watchdog.

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About a year ago, YouTube cofounders Steve Chen and Chad Hurley bought bookmarking service Delicious from Yahoo, and used it as the basis to form a new company called Avos Systems.We haven't heard much from them since. Until today, when Avos announced its first round of outside funding. (PDF here.)The company isn't saying how much it raised, but it got a group of pretty big names on board, includ

In the last year, most Silicon Valley denizens have known that Chad Hurley and Steve Chen - co-founders of YouTube fame - have been working on a venture, AVOS System, though the two have been relatively mum on their project.Now the San Mateo-based start-up has some fresh backing from New Enterprise Associates (NEA), Google Ventures (both of whom led the round), with participation from Madrone Cap

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International information service website Delicious has announced its formal entry into the Chinese market with the launch of its localized site Mei.fm.Formerly known as Del.icio.us, Delicious is a social bookmarking website for storing, sharing, and discovering web bookmarks. The website was founded by Joshua Schachter in 2003 when it launched a social bookmarking mechanism and tag-based organiz