Yahoo Acquires, Shuts Down Luminate, An Interactive Image Platform

Yahoo Inc. offices, housing its Search Marketing Group, are pictured in Burbank Another acquisition today from Yahoo to beef up its advertising and media business. It is buying Luminate, a startup founded by LiveOps, Netscape and Yahoo alums that has created a platform for interactive, tagged images — or, as we have called it in the past, an AdSense for images.
Terms of the deal, which was announced on Luminate’s homepage, have not been disclosed. Read More

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