This week
Version announced they have bought Yahoo! for $4.5 billion and are bringing all their tech companies under the one Umbrella company Oath:
This could be fine, but history of these big tech takeovers is littered with subsequent failures or at least falls from grace. Down in the story you will find that Marissa Mayer has resigned, with a nice golden parachute. However when yahoo originally took over flickr, it went into stagnation and it wasn't until Mayer became CEO and gave "the lets make flickr great again" speach that the current resurgence of flickr and its improved/modernised photostream displays happened. Similarly she championed and used tumblr, another decent social media place, you can read
her final post here.
I hope and trust flickr & tumblr will survive the savage staff cuts that are certain to follow and these services are allowed to continue and perhaps even let flourish. Allowing both of them to provide serious competition to the google & facebook juggernauts.
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