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    Luisa Beltran wrote a new post, Reuters: Yahoo to Acquire Tumblr for $1.1 Billion Cash 15 minutes ago

    Thumbnail(Reuters) – Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with […]

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    Luisa Beltran wrote a new post, Yahoo! Inks $1.1 Bln Deal for Tumblr 31 minutes ago

    Yahoo! has agreed to buy Tumblr for about $1.1 billion cash. Tumblr will operate as a separate business and David Karp will remain CEO. The transaction is expected to close in the second half. New York City-based […]

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