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Monday, August 1, 2011

Flickr exec bails, renews concern for the site

Flickr exec bails, renews concern for the site: "Concern for Flickr has been brewing ever since Yahoo began slashing its Web properties. But according to the company itself, the photo-sharing site has been safe and in its own words “We love this product and team; on strategy and profitable.” So why do worries persist?

Insiders have complained that Yahoo is plagued by mismanagement, and now the massively successful online image host is finding itself in a similar situation. According to multiple outlets, Flickr head of service Matthew Rothenberg has jumped ship. Rothenberg has been responsible for the site’s daily functions, and has been involved in Flickr since day one."

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