Flickr buys Yahoo! :)

Update: Just wanted to add an observation - notice a pattern with these companies(i.e. Pyra, Ludicorp)? They were both bought for their second venture: i.e. something that happened on the side, not something they initially planned out to do. Pyra was working on the next generation groupware solution( which didn't really work out), while Ludicorp initially set out to make Game NeverEnding, a pretty awesome game. (I was on the beta test team of GNE, and it was totally superawesome).

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