Is Yahoo! falling apart?
Is Yahoo! falling apart? Flickr co-founders are leaving the company, so did main people of Yahoo! technology, research and network division.
Photo sharing site Flickr is one of the leading lights of Yahoo – but cofounders (and husband/wife team) Caterina Fake and Stewart Butterfield won’t be around to keep driving the product forward. They are both joining the mass exodus of executives from the company.
Butterfield and Fake created Flickr in 2004. It began as a photo-sharing feature of a gaming project, has since blossomed into one of the premier photo sharing sites on the web. Yahoo purchased Flickr for $35 million in March of 2005. In June 2007 Yahoo shutdown Yahoo Photos, making Flickr their exclusive photo sharing website. Today Flickr hosts over 2 billion images.
Source: Techcrunch
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