Yahoo has just capped off a very significant day for themselves. Firstly they have announced the acquisition of the blogging platform Tumblr. In the second announcement, Flickr has now rolled out 1 Terabyte free storage for all users. This is a big deal for Yahoo which has recently struggled to keep its users and more importantly find new users.
The Tumblr Acquisition
Yahoo has bought Tumblr for a estimated $1.1 Billion. That is a lot more money than say Facebook shelled out for Instagram. So what does Yahoo gain from Tumblr?
Flickr gets 1 TB free space
Flickr is still very popular and its not surprising Yahoo chose to make big announcements with it.
Flickr might have rebooted with huge storage space but it will be interesting to see how it manages to complete with the likes of say Google+ which offers to store photos from a phone directly to the cloud. This helps freeing up space on the phone without worrying about losing any photos.
What are your views on Yahoo’s big announcements today? Do drop in your comments.
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