Seattle-based Faves.com, the social bookmarking service and site, is returning from the grave, and will be returning into service soon, according to a blog post late Friday by CEO Mike Koss. The firm--which had announced in May that it would shut down because it was not able to sustain the costs of running the business--said that it will be returning "under new management". Name of the presumed buyer and details were not announced by the site.