Google acquired Picnik. Liz at GigaOm leads with the fact that this is the latest in a series of deals by which ex-Googlers have been brought back into the fold.
I’ve yet to see an answer to my main question about the deal: how will this affect the relationship between Flickr and Picnik? It’s been posed in several places, including the comments on Picnik’s post about the acquisition.
When I’m using my Flickr account and click to edit one of my photos, it’s Picnik that starts up. Apart from wishing that it would start up rather faster, I’m happy with Picnik.