Google News

Saturday, September 02, 2006

Yahoo! and Google Play Tag

Earlier this week Yahoo! (Nasdaq: YHOO) launched a new feature that allows users to "geotag" pictures on its Flickr photo-management website, using a simple drag-and-drop interface. The process is so easy that the company reported that more than 1.2 million photos were geotagged in the first 24 hours.
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On the same day Yahoo! announced its new geotagging feature, Google reportedly registered three new domain names, including googleimagetagger.com.
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I can't begin to say who will win in this global game of tag, but I do see healthy new revenue streams for both Yahoo! and Google, and maybe even Microsoft. And, at a minimum, investors should begin considering this potentially lucrative line of new revenue when assessing the value of these stocks.
[via fool.com]

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