In the latest purchase by the ambitious internet corporation, mobile photo aggregation app Cooliris has been bought up by Yahoo. The Cooliris mobile app allows users to browse, share, and view photos grabbed from multiple sources, such as Flickr and Facebook.
In a statement on their website, Cooliris said of the move, “Yahoo has a clear vision and unwavering commitment to making mobile an intuitive and effortless experience. This makes Yahoo the perfect partner for Cooliris, and we are excited to come together to bring indispensable products to a worldwide audience.”
Yahoo issued a statement to TechCrunch regarding their purchase strategy, saying, “In order to build inspiring products, grow engagement, and ultimately revenue, everything starts with having the best people to help us accelerate our transformation in our growth areas,” read the statement. “As such, we are focusing on acquisitions that align with our key growth areas: search, communications, digital magazines and video.”
Source: electronista
While I'm not familiar with the Bilibili streaming platform, it was the source of a…
As Computex 2024 approaches, the tech industry buzzes with anticipation for a series of high-profile…
MSI, a key player in the graphics card market, appears to be shifting its focus…
TeamGroup has once again proven its prowess in the field of memory product innovation by…
Konami's eFootball has reached a staggering 750 million downloads worldwide. This milestone comes as the…
Just a few hours after its release on Steam alone Manor Lords has already managed…