Yahoo! To Buy Flickr?!

Om Malik reports:

Rumors are flying thick and fast in Silicon Valley: Yahoo is all set to buy Ludicorp, the company behind the hot photo blogging web service Flickr, for an undisclosed amount of money.

Its not the first time rumors of these talks have made the rounds. Most of the deal-related chatter is coming from blogging world insiders who have said that Flickr might have inked the papers last week, but Yahoo is holding off on an announcement until March 1. At this point, it could all just be that–chatter.

If this is true, then I consider it bad news.
I would have loved Google to buy Flickr, but definitely not Yahoo!

Yahoo! have a different company culture than that of Google and Flickr.

What I think they'll do with Flickr if they buy it is merge it with Yahoo! Photos, throw a bunch of limitations on the free service, take out some of the cool features, stuff it with a lot of jumping flash advertising and simply screw the whole thing altogether.

Why do I think so? Because they did that with other companies they bought.

[Via: Business 2.0 Blog, Om Malik]

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