Today Rackspace announced that it has acquired JungleDisk which I blogged about the other day regarding cloud storage for photos (among other things). From what I understand JungleDisk will continue to work with Amazon and it looks like Rackspace may try to match Amazon’s hosting costs though the full details are not yet available. JungleDisk will be available for Rackspace’s Cloud Files service which will support API’s for third part development. It’ll be interesting to see if or how JungleDisk’s support for Amazon S3 will change over time.