March 20, 2005 8:30 pm ET
Yahoo Inc. has acquired Canada's Ludicorp Research & Development Ltd., creator of the popular photo sharing Web site Flickr.
The long-rumored deal, announced today by Yahoo, could further its push to beef up photo and community aspects of the Sunnyvale, Calif. company's Web site. Consumers upload digital photos to Flickr, where they can then share them with other individuals, groups of people, or the public. The site has won kudos for letting users attach notes and other identifying information to photos, making them more easily searchable.
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