Flickr up for sale.

In the hands of a good owner, Flickr could thrive and live on as a dominant photo sharing option. In the hands of a bad one, it could go the way of MySpace and other once-powerful Internet services that have withered away from neglect and lack of innovation.

Gift of stating the obvious! :D
 
That comparison with MySpace is not relevant as Flikr can live alongside many other photo sharing websites, as it doesn't matter where your friends are, they can see your pictures. Whereas the Facebook, MySpace situation was determined by who had the critical mass first. If most of your friends were on another network, you'd need to join in order to contact them. So there could be only one. Not a meritocracy, but a land grab.
Sure, Flikr try to be a social network too. But then they are up against Facebook.
 
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