Imgur is a popular photo-sharing service, and today it is announcing that it is overhauling its API system to make it easier for developers to build applications over Imgur's infrastructure. In class, we have spent a great deal of time discussing monetization options, and this move is part of Imgur's effort to develop another revenue stream. This could have interesting implications for Imgur as well as its partners who take advantage of the API update.
TechCrunch tells the whole story!
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