Yahoo Buys Flickr

Well, the rumors were true, Yahoo has in fact bought Flickr. Pretty amazing for a product that is not even out of beta yet. It will be interesting to see how Google reacts to this one.

Holy smokes, SOMEBODY out there is bad at keeping secrets!! Yes! We can finally confirm that Yahoo has made a definitive agreement to acquire Flickr and us, Ludicorp. Smack the tattlers and pop the champagne corks!

If you are not familiar with Flickr, it is by far the best online photo management website out there. Here’s Laughing Squid’s photostream on Flickr.

Flickr was an invaluable resource at this year’s SXSW Interactive and was really put to the test. Here’s the SXSW Interactive Flickr Pool Set.