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August 01, 2004

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Friends With Benefits This isn't P2P in the old outlaw Napster sense. It's an online swap meet.
By Xeni Jardin

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Yahoo buys photo-sharing site Flickr | CNET News.com

Yahoo buys photo-sharing site Flickr | CNET News.com : "Yahoo buys photo-sharing site Flickr" 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. Vancouver, British Columbia-based Flickr lets users upload digital photos from computers and camera phones, put together photo albums, and post photos to blogs, among other things. Joanna Stevens, a spokeswoman for Sunnyvale, Calif.-based Yahoo, confirmed the deal Sunday but did not disclose the terms. "We look forward to working with them for their innovation and product development across the Yahoo Network in the coming months," she said. Stevens said Flickr will remain a standalone site for now. The company's employees, however, will relocate to Sunnyvale later this year. Earlier this week, Yahoo announced Yahoo 360. The service combines a new blogging tool, along with several longtime Yahoo products

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