Photo-sharing pioneer and web cultural beacon now part of independent, family-run firm

One of the first and best-known photo-sharing services, Flickr, has been bought by the independent image-hosting firm SmugMug, as Verizon begins the breakup of Yahoo.

The deal, terms of which have not been disclosed, sees Flickr – with its tens of billions of photos and 75 million users – become part of a similar family-run service in SmugMug.

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