Flickr founder knocks Yahoo's culture

During a visit to Australia this week, Flickr founder and former Yahoo staffer Stewart Butterfield criticised the search giant for its lack of an innovative culture compared to rival Google. "I felt like the biggest problem while I was there [was] that management was oriented a little bit too much towards the quarterly results," said Butterfield in an interview with ZDNet.co.uk's sister site, ZDNet.com.au, on Monday. The executive and his wife, co-Flickr founder Caterina Fake, left Yahoo in July as part of a wave of management departures, more than three years after Yahoo bought the photo-sharing site in March 2005, for an amount believed to be at least in the millions. "If the entire focus of the company is produce a certain amount of operating free cash flow or a certain amount of capital expenditure... it isn't hard for... [read full story]