Many have been speculating about [Yahoo](http://www.yahoo-inc.com)’s interests in acquiring [Flickr](http://www.flickr.com), but the rumor is now [confirmed](http://www.businessweek.com/the_thread/techbeat/archives/00000081.htm). This is, in my opinion is one the best acquistion for Yahoo after acquiring [eGroups](http://www.egroups.com) several years ago. [Flickr](http://www.flickr.com) is a very popular photo sharing service among blog writers.
The acquistion hasn’t been announced officially, but it is in the [Flickr Blog](http://blog.flickr.com/flickrblog/2005/03/yahoo_actually_.html). 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.