Verizon officially acquires Yahoo including Flickr
It's been written on the wall for a while, but now US network operator Verizon has confirmed its acquisition of Yahoo in a deal worth $4.48 billion. This also means that Yahoo's online image sharing platform Flickr is now in the hands of Verizon. With both AOL and Yahoo now owned by Verizon it seems the network giant is planning to combine the two companies and a few of its other subsidiaries into a new service called Oath.
“We’re putting together one of the largest companies on the planet that’s focused on brands,” says Tim Armstrong, CEO of AOL. “Oath is our house of 50+ media and technology brands. We reach over 1 billion consumers around the world.”
In the process of merging Yahoo and AOL 2,100 employees will be made redundant but Flickr users should, at least in the short term, not expect any major changes to the service as Verizon says it has no immediate plans to change Flickr pricing.
It appears the Oath service has been structured to compete with other major ad platforms, such as Facebook or Google but it remains to be seen what the move will mean for Flickr. Under Yahoo ownership the service has not necessarily been developed in a way that users and photographers would have liked. We'll have to wait and see if Verizon and Oath can increase the rate of innovation at Flickr and bring the site back to its former glory.
|
|
|
|
|
Sep 7, 2018
|
Sep 18, 2018
|
Sep 10, 2018
|
Sep 5, 2018
|
The Everyday Sling might just be the perfect pack for not carrying too much gear, combining comfort with Peak Design's signature modern style.
When the Fujifilm X-T2 arrived, it was more than just a modest upgrade to the already impressive X-T1. While the new X-T3 hasn't changed the overall design of the camera, this model is way more than an upgrade; rather, it's a quantum leap.
The Movie Maker is a compact, motorized slider designed for phones, action cams and small mirrorless cameras. We think it's a fun little kit and a good value proposition for the cost, provided you can work around a few of its weak points.
Nikon's Z7 is the first camera to use the all-new Z-mount, the company's first new full-frame mount since 1959. We've put together our first impressions based on quality shooting time with a pre-production camera - check out what we've found.
We got some hands-on time with a pre-production LX100 II to get a better feel for the improvements Panasonic's brought to the table. Here's a rundown of what's new – and what we think.
The instant camera market is heating up, and with four formats and 15+ cameras to choose from, we felt it was high time to examine them all and pick our favorite.
Whether you're hitting the beach in the Northern Hemisphere or the ski slopes in the Southern, a rugged compact camera makes a great companion. In this buying guide we've taken a look at seven current models and chosen our favorites.
What's the best camera for a parent? The best cameras for shooting kids and family must have fast autofocus, good low-light image quality and great video. In this buying guide we've rounded-up several great cameras for parents, and recommended the best.
What's the best camera for shooting landscapes? High resolution, weather-sealed bodies and wide dynamic range are all important. In this buying guide we've rounded-up several great cameras for shooting landscapes, and recommended the best.
What’s the best camera costing over $2000? The best high-end camera costing more than $2000 should have plenty of resolution, exceptional build quality, good 4K video capture and top-notch autofocus for advanced and professional users. In this buying guide we’ve rounded up all the current interchangeable lens cameras costing over $2000 and recommended the best.
Comments