Yahoo
need to have a Photo Image Media Software like:
Which is now the Google subsidiary.
To compliment Yahoo! 360 degree Blog services.
I have not used the
, so I cannot comments more on these. I am awaiting the Yahoo! 360 degree Beta on Mar 29, 2005.
As I am on the waiting list for the Yahoo! 360 degree. I would certainly keep you all posted.
Yahoo to Buy Photo-Sharing Site Flickr
Mon Mar 21, 1:40 PM ET
NEW YORK - Ludicorp Research & Development Ltd. President Stewart Butterfield on Monday confirmed Internet portal Yahoo Inc. (Nasdaq:YHOO - news) will acquire the privately held company, which operates photo-sharing Web site Flickr.
Butterfield would not disclose terms of the deal, but said Yahoo will release an official statement during the afternoon. There was much speculation Yahoo was interested in acquiring Vancouver-based Ludicorp, whose Flickr service allows users to easily swap photos.
"Yes, we've reached a deal with Yahoo," Butterfield said. "We are being acquired."
The confirmation puts to rest rumors about a possible deal that had been bandied about by Flickr users on Web sites and blogs during recent weeks. The transaction picked up more credence on Sunday when a Ludicorp executive confirmed on the company's staff blog the acquisition had indeed gone through.
The deal received a favorable reaction from Wall Street. Standard & Poor's backed its "Buy" rating on Yahoo, saying the transaction makes "strategic sense." The acquisition was also seen helping Yahoo compete against Google Inc., which owns Picasa, a photo-sharing company.
Flickr allows users to upload digital photos from computers and camera phones, and assemble them into albums that can be posted on blogs and shared with other users. The photo-sharing service will likely become a cornerstone for the Sunnyvale, Calif.-based company's new "Yahoo 360" concept — which blends blogging and social networking.
Last week, Yahoo said its 360 service will combine instant messaging, photo storage and sharing, and Internet radio together. It is currently being tested by employees, and will be made available to Yahoo users by March 29.
Rivals such as Microsoft Inc.'s MSN.com and Google have already become involved in offering blogging services to users. Search engine Ask Jeeves Inc., which announced Monday it agreed to be acquired by Barry Diller's IAC/InteractiveCorp. for $1.85 billion, also offers similar services.
A spokesman for Yahoo did not immediately return telephone calls. Shares of Yahoo rose 9 cents to $31.20 in afternoon trading on the Nasdaq.
Yahoo! News - Yahoo to Buy Photo-Sharing Site Flickr
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