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Engadget is reporting that Microsoft has posted a formal offer to buy Yahoo (and by proxy, flickr, del.icio.us, and steer the development of Flock (...into the ground).

Google, step up your game

Microsoft has a history (hotmail, mostly, excluded) of destroying the web startups it touches by trying to subsume them into their platforms. I wonder how fast I can move all my flickr photos to Picasaweb? I wonder if I can get a refund of my pro account?