The company was planning to host an analyst conference next week to update investors on its strategy and current market conditions.

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Instead, the company unveiled an update to Flickr at the NYC event with a host of new features that includes a retooled grid UI built out of images and up to 1TB of free storage for users.

ENGADGET

The update, version 3.0.1, also includes a host of bug fixes and improvements to ensure the user experience is better than ever, whatever browser or device you choose.

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