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Yahoo Acquires Tumblr For $1.1 Billion

This morning, Yahoo announced its acquisition of blogger platform Tumblr for $1.1 billion. Rumors started about the acquisition at the end of last week and it was reported on Sunday that Yahoo's board had given their seal of approval on the deal. Tumblr will be operated as a separate business under Yahoo, and David Karp [...]

By | May 20th, 2013|Internet|
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