Yahoo buys Flickr

From the FlickrBlog:

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!

And here I am reading Hackers and Painters and Paul Graham’s experiences with the same thing.

By the way, check out Cal Henderson’s presentation on Flickr’s architecture if you haven’t already. PDF thanks to Niall Kennedy