With Flickr now offering users 1TB of free photo storage, Yahoo may just be getting started when it comes to cloud storage.
Yahoo may have just spent more than $1 billion to add Tumblr to its portfolio, but changes to Flickr grabbed much of the focus at a Monday afternoon press briefing.
Yahoo has promised "not to screw up" Tumblr now that it has acquired the freewheeling blogging site. But there are still several ways Tumblr could get better, and worse, as a Yahoo-owned company.
Google, Microsoft and Yahoo have been confirmed as the secret backers behind the European Privacy Association (EPA) which was accused of a lack of transparency by an independent watchdog on Thursday.
After a weekend full of rumor and speculation, Yahoo confirms its plans to buy Tumblr for $1.1 billion in cash.
Yahoo Japan, the country's largest Web portal, said up to 22 million user IDs may have been leaked during a hack that was discovered last week.
Yahoo's board of directors has approved spending $1.1 billion in cash to buy popular blogging site Tumblr, according to The Wall Street Journal.
Yahoo has called a mystery press event in New York City on Monday afternoon, hot on the heels of rumors that it plans to buy Tumblr for US$1 billion.