Sunday 19 May 2013

INQUIRER.net: Yahoo! to buy blog-maker Tumblr for $1.1B—report

INQUIRER.net
Philippine News for Filipinos
Yahoo! to buy blog-maker Tumblr for $1.1B—report
May 19th 2013, 23:02

NEW YORK—Yahoo!'s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, The Wall Street Journal reported Sunday.   The deal, if confirmed, would be the largest for Yahoo! since Marissa Mayer took over as chief executive last year and could help the struggling Internet pioneer regain traction with younger Internet users.   Neither Yahoo! nor Tumblr commented on the report. But Mayer has scheduled a news conference in New York on Monday at which the company said it will unveil "something special."   Yahoo! has been looking at a range of acquisitions since Mayer took over as chief executive last year and v...

Keep on reading: Yahoo! to buy blog-maker Tumblr for $1.1B—report

Media files:
yahoo-tumblr.jpg (image/jpeg)
You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

No comments:

Post a Comment