May 20, 2013
Yahoo buys Tumblr for $1.1 billion cash, reports say
By Angel Cuala in Business, Internet, Technology • No commentsYahoo buys Tumblr for a whooping $1.1 billion in cold cash, according to reports from Wall Street Journal and technology news site AllThingsD this Sunday, May 19, 2013. Tumblr, a popular microblogging platform and social networking website, was launched in February 2007. Yahoo and Tumblr logo Credit: Yahoo/Tumblr According to earlier reports, Yahoo plans to [...]










