Flickr: Instagram Rival?

By Daniel Sparks – May 24, 2013 at 6:30PM

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Yahoo! revamped its photo sharing service, Flickr. With a new design, it poses an even greater threat to Instagram.

A complete redesign and 1 terabyte of storage -- for free. Yahoo! (NASDAQ: YHOO) CEO Marissa Mayer isn't messing around. The company's photo-sharing site, Flickr, now poses an even greater threat to Facebook's (META -1.87%) Instagram.

Yahoo! undoubtedly had Facebook's Instagram in mind as the company worked on rolling out this major update. Facebook CEO Mark Zuckerberg has recently boasted about Instagram's success in terms of both growth and advertising.

In the video below, Fool contributor Daniel Sparks explains what Flickr's redesign means for investors.

Fool contributor Daniel Sparks has no position in any stocks mentioned. The Motley Fool recommends Facebook. The Motley Fool owns shares of Facebook. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.