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→ Yahoo buys photo-sharing site Flickr

"Yahoo has purchased online photo-sharing service Flickr, less than a week after the Internet giant launched a beta test of a new blogging tool. Vancouver, British Columbia-based Flickr lets users upload digital photos from computers and camera phones, put together photo albums, and post photos to blogs, among other things. Joanna Stevens, a spokeswoman for Sunnyvale, Calif.-based Yahoo, confirmed the deal Sunday but did not disclose the terms." Full Story @ News.com

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