Typical, I spend the morning with my accountant and the blogosphere erupts with news of Microsoft's take-over bid for Yahoo!

Needless to say, Flash and Flex developers are watching this closely as Yahoo! has traditionally been very supportive of the Flash Platform. Something that will, no doubt, change if Microsoft buys it.

I haven't really given it much thought but initial questions that pop into my head include:

Will the merger be allowed under antitrust laws?

Is Flickr going to be redone in Silverlight?

Is Microsoft doing this to gain dominance in web applications or search or advertising or all of the above?

If Microsoft buys Yahoo!, will Google buy Adobe?

Interesting times.