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" Yahoo is preparing to announce &amp;quot;product-related news&amp;quot; at an event in New York on Monday (May 20). A tweet by CNBC claims the company&amp;#039;s CEO Marissa Mayer will speak to a select few about the as-yet unrevealed information at the private event.   Rumours suggest that Yahoo may announce the acquisition of photo-blogging site Tumblr. However, sources close to Bloomberg have said that the company will actually reveal an update to its existing photo service Flickr. Flickr&amp;#039;s iPhone app received an update in December which lets users edit, crop and add colour filters. Mayer has introduced a number of big changes since joining the web portal in July 2012, including the closure of less popular apps and the acquisition of news summary service Summly. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/tech/news/a482660/yahoo-to-announce-product-related-news-on-monday/>