Many have been speculating about Yahoo‘s interests in acquiring Flickr, but the rumor is now confirmed. This is, in my opinion is one the best acquistion for Yahoo after acquiring eGroups several years ago. Flickr is a very popular photo sharing service among blog writers.
The acquistion hasn’t been announced officially, but it is in the Flickr Blog. I don’t know if this is for real or just a very early April Fools joke :), it looks like one for sure :). They said Flickr won’t become Yahoo Photos, and both services will remain separate. And the great news is that the Flickr API will remain open.