09 April 2008

Yahoo's Flickr Expands Into Online Video



SAN FRANCISCO (AP) -- Yahoo Inc. will begin showing homemade videos on its online photo-sharing site, Flickr, in a long-anticipated move that may be too late to lure most people away from the Internet's dominant video channel, Google Inc.'s YouTube.

Flickr's video technology, to debut late Tuesday, represents the latest example of Yahoo trying to catch up to Google in a crucial battleground.

Yahoo's inability to keep pace with Google in the lucrative online search market caused its profits and stock price to sag during the past two years, which in turn triggered an unsolicited takeover attempt by Microsoft Corp. for more than $40 billion. full story

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