The image-hosting platform – which is widely used to make memes – was facing a fine over its use of children’s data.
Addressing the case publicly for the first time, Bill Ready says the tragedy “guides” the firm’s work.
Regular mobile payments surged across different age groups last year, new banking data suggests.
It has not said how much the storage plans will cost UK users, only that they were part of a “gradual global rollout”.
It is the latest development in a privacy row which has pitted the UK against the tech giant and the Trump administration.
The rise has been driven by a sharp increase in the value of his electric car company Tesla.
The hackers tell the BBC they are sorry for their actions – but experts question say it’s a practical rather than moral move.
It has not said how much the storage plans will cost UK users, only that they were part of a “gradual global rollout”.
The rise has been driven by a sharp increase in the value of his electric car company Tesla.
It is the latest development in a privacy row which has pitted the UK against the tech giant and the Trump administration.