Yahoo buying Tumblr for $1.1 billion, vows not to screw it u

Home Forums Yahoo buying Tumblr for $1.1 billion, vows not to screw it u

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 4 years, 6 months ago.

  • Author
    Posts
  • #2430

    Anonymous

    Technology News

    A photo illustration shows the applications of Yahoo and Tumblr on the screen of an iPhone in ZagrebBy Alexei Oreskovic and Jennifer Saba SAN FRANCISCO/NEW YORK (Reuters) – Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. …


You must be logged in to reply to this topic.

0 Shares
Share
+1
Tweet
Share
Stumble