Two Big Deals

So over the weekend, Yahoo! concluded its oft rumoured acquisition of Flickr and Barry Diller’s IAC inked a deal to purchase Ask Jeeves.

Which is bigger news?

Is a fourth network (IAC + Ask) a more important trend than the emergence of open digital media web services and tagging (Flickr)?

I vote for the latter.

So I’ll be watching what Yahoo! does with Flickr a lot more closely than what Diller does with Ask.