News about 'Yahoo buys Tumblr'

May 20, 2013

Yahoo buys Tumblr for $1.1 billion cash, reports say

Yahoo buys Tumblr for $1.1 billion cash, reports say
By in Business, Internet, Technology No comments

Yahoo 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 […]