We've all by now heard about how Yahoo is trying to get some "cool" with a supposed $1 billion purchase of hip blogging platform Tumblr, but it..
This morning Yahoo announced that it reached deep into its pockets for $1.1 billion and used the cash to acquire Tumblr, the social media and blogging network. As with most big-tech-company-buys-small-tech-company acquisitions (see Facebook and
Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, after reports on an impending deal first surfac..
Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, after reports on an impending deal first surfac..
Even as Yahoo's CEO Marissa Mayer took to social media to announce the deal, promising "not to screw it up," David Karp, the 26-year-old wunderkind who heads Tumblr celebrated the acquisition with a blog post that signed off with "F*** yeah, David."
Related External Links
Tumblr and Yahoo: How It Affects You
No comments:
Post a Comment