Silicon.com reports Yahoo! has purchased online photo-sharing service Flickr, less than a week after the internet giant launched a beta test of a new blogging tool. Flickr lets users upload digital photos from computers and camera phones, put together photo albums and post photos to blogs, among other things. Both the 360 move and the acquisition of Flickr and parent company Ludicorp Research & Development come as social networking and blogging draw increased interest from rivals. Microsoft in December added a blog product for its MSN web service, called MSN Spaces. Google, meanwhile, owns web log service Blogger and social networking site Orkut.
Forbes reports "We believe this transaction makes strategic sense," the research firm said, "especially as Yahoo! just last week announced a new service to bolster its community offerings around blogs and photo-sharing." S&P Equity Research said Flickr would help Yahoo! better compete with Google which acquired the photo-sharing company Picasa in 2004.
1 comment:
That's crazy. I went looking for the reason when you do a Yahoo image search you get a crap load of Flickr images and your blog came up as one of the first ones.
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