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Yahoo's (YHOO) NYC event will be focused on Flickr updates rather than Tumblr, Bloomberg...

Yahoo's (YHOO) NYC event will be focused on Flickr updates rather than Tumblr, Bloomberg reports. This, of course, doesn't preclude a Tumblr deal from being announced at some other time. Marissa Mayer reportedly doubled the size of long-neglected Flickr's engineering team last summer, and new Flickr apps have launched to positive reviews. However, Flickr's online photo market share is now well below that of Facebook/Instagram.
Comments (2)
  • IncomeYield
    , contributor
    Comments (1426) | Send Message
     
    The Apple bond sale marked the bond top, and this deal would mark the tech top for the pure Internet plays.
    17 May 2013, 08:45 PM Reply Like
  • DoctoRx
    , contributor
    Comments (1084) | Send Message
     
    I think there's lot more tech deal-making to come. GOOG and FB have cheap currency (shares and/or borrowing capacity) and want to Hoover up the best stuff.
    18 May 2013, 10:10 AM Reply Like
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