FlickrBlog confirms it today:
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!
I've used Flickr since quite early on, and recently saved my pennies for a pro membership; I feel some anxiety about this change. My first website was on Yahoo, and the experience was not a good one. But Yahoo is buying the Flickr management team, too, and I've never seen better, from a customer point of view.
Maybe the Flickr folks will help make a success of this Yahoo venture:
And if this is a success, it will offer serious competition to Blogger (with its Picasa and Hello photo service) and even to TypePad;
I love TypePad (which also has excellent customer service) but its
photo function is very weak. I have a private family & friends
photo blog on TypePad. I may be moving this to Yahoo 360.
Or maybe not. I look forward to finding out.
22 March: There is an interesting discussion of this, concerns and congratulations, on Flickr.