nternet giant Yahoo! has acquired online photo service Flickr.com as it attempts to build a presence in the rapidly expanding areas of social networking and Internet-based sharing of photographs, music and entertainment. Just weeks after it unveiled a new service that lets users share information and communicate better with friends and family, Yahoo! said it was buying popular photo sharing site Flickr.com for an undisclosed sum.

The Canadian website lets users create their own virtual photo albums then share those pictures with anyone they want, including posting them to weblogs. The site offers a limited free photo organising service to members but charges around �25 a year for unlimited storage and archiving.... more