(http://www.blogcdn.com/www.engadget.com/media/2013/05/flickr-lead-620.jpg)
Earlier today, Yahoo sent press invites to a "product-related" event in New York City Monday afternoon (http://www.engadget.com/2013/05/17/yahoo-nyc-event/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget) and there are already two separate rumors about the company's plans. The first, from Bloomberg, concerns the event specifically and cites a "person familiar with the matter" reporting we'll hear about new updates for Yahoo's once-mighty Flickr photo service. The second is from AllThingsD which has upgraded rumors of a Tumblr purchase from possible to possibly imminent, saying the company's board will meet Sunday to decide whether it will make a $1.1 billion all-cash offer for the site. Since new CEO Marissa Mayer took over (http://www.engadget.com/2012/09/24/marissa-mayer-yahoo-memo/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget) Yahoo has made a number of acquisitions with a focus on improving its homepage (http://www.engadget.com/2013/02/20/yahoo-homepage-redesign/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget), content (http://www.engadget.com/2013/04/30/yahoo-announces-raft-of-original-shows-wwe-streaming-partnership/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget) and app offerings including Flickr (http://www.engadget.com/2012/12/12/flickr-for-ios-hands-on/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget). That announcement is also penciled in for the 20th, but whatever actually goes down you can be sure we'll have the details as they're unveiled around 4PM ET.
Filed under: Internet (http://www.engadget.com/category/internet/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget)
Comments (http://www.engadget.com/2013/05/17/yahoo-tumblr-flickr-rumor/?utm_source=Feed_Classic&utm_medium=feed&utm_campaign=Engadget#comments)
Source: Bloomberg (http://www.bloomberg.com/news/2013-05-17/yahoo-s-mayer-said-to-be-preparing-updates-for-flickr-photo-site.html), AllThingsD (http://allthingsd.com/20130517/yahoo-board-to-meet-sunday-to-consider-1-1-billion-all-cash-deal-to-acquire-tumblr/)
Via: Engadget