Menu
Trending: CES 2015 | Super Bowl 2015 Ads More Topics: Apple | Cars | TV Shows | Politics
Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Carl's Jr. Super Bowl 2015 Ad stars Charlotte McKinney

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale

Microsoft's HoloLens starts the Era of Holographic Computing

HoloLens starts the Era of Holographic Computing

Budweiser Super Bowl 2015 Ad Lost Dog Teaser Released

Budweiser Super Bowl 2015 Ad Lost Dog Teaser Released

2015 Pro Bowl Cheerleader

2015 Pro Bowl Cheerleaders

Yahoo to Buy Tumblr and Update Flickr

May 18 2013, 2:42am CDT | by , in News | Technology News

Yahoo to Buy Tumblr and Update Flickr
 
 

The CEO of Yahoo, Marissa Mayer has decided to buy the social micro-blogging site known as Tumblr. She also plans on updating Flickr for her company’s sake. Both these transactions are rumored to take place in an event set for Monday.

Marissa Mayer has her eyes set on purchasing Tumblr. It will be quite an asset in Yahoo’s arsenal. In a move meant to cement the image of Yahoo, she plans on updating Flickr. The press has been invited to an event to be held this Monday during which the twin decisions will be announced. While the head of Tumblr has been passing up offers by various companies to buy his set-up, he has had a number of meetings with Marissa Mayer.

During the span of these negotiations, Marissa has tried to convince him regarding her sincere intentions. She wants to build Tumblr from the ground up according to All Things D report. By boosting profits for the site she intends to do what is in the best interest of all parties concerned. The cash figure offered for Tumblr amounts to a whopping $1.1 billion.
 
The day Marissa Mayer became CEO of Yahoo was a moment of change for the Internet giant. She overhauled and revamped the style of the organization. One of the basic rules this tough female boss laid down was that no more employees would work from home anymore. This was to enforce a little discipline in the employees. Now she is about to remake the homepage, content and apps that will be a part of Yahoo.

Besides Tumblr being one of the expected acquisitions there is the photo service known as Flickr which will feature among the updated sites as reported in Bloomberg. The event where these important decisions will be aired has New York as its venue. And it is to be held in the afternoon around 4:00 pm. Mayer will address the gathering.

Already there are sneak peeks into what will occur at the occasion. There is the message that has gone viral that says in effect “join us as we share something special.” This deal is comparable to Facebook’s merger of Instagram for a solid $1 billion. The location of Tumblr lies close to Manhattan which makes it ideal for Yahoo. Although the news is still in the province of hearsay there is much truth to it. Yet as they say, there is more to everything than meets the eye.

Tumblr has been having second thoughts and is reputed to have reserved an option of rejecting the $1.1 billion offer. It is hungry for more cash as Facebook and Microsoft are also interested to acquire Tumblr. Whether Yahoo will have to cough up more cash on demand is a question that will get decided on the coming Monday.

You Might Also Like

Read the Latest

Australian Open 2015: Serena Williams beats Muguruza to play against Cibulkova

Australian Open 2015: Serena Williams beats Muguruza to play against Cibulkova Serena Williams faces Cibulkova in the Australian Open 2015 quarterfinal.

4 minutes ago

Nye Refutes Pats' Story: Bill Nye explodes Patriots Balls Deflate-Gate Myth

Nye Refutes Pats' Story: Bill Nye explodes Patriots Balls Deflate-Gate Myth The scientist Bill Nye has exploded the Patriots balls deflate-gate myth, which was perpetrated by Bill Belichick.

8 minutes ago

Super Bowl 2015 Ads
Miss Universe is Paulina Vega from Columbia

Miss Universe is Paulina Vega from Columbia The Miss Universe title for 2015 went to Paulina Vega who hails from Columbia.

1 hour ago

Microsoft Super Bowl 2015 Ad

Microsoft Super Bowl 2015 Ad Microsoft is back again in the Super Bowl Ad line up after debuting in 2014 with a very emotional superbowl ad with a...

2 hours ago

SNL and Bill Nye take on DeflateGate in now Viral Videos

SNL and Bill Nye take on DeflateGate in now Viral Videos The cold open of Saturday Night Life went viral. It took on the DeflateGate. Watch Taran Killam as Tom Brady and Beck...

2 hours ago

Tap Titans

Tap Titans A tap is all that matters on all these high-end smartphones. Tapping has been an essential part of all the games that...

3 hours ago

Shadowmatic

Shadowmatic Shadowmatic is a puzzle game, but it’s not any normal puzzle game - it’s quite different from all those puzzle games...

3 hours ago

Tesla Wars II

Tesla Wars II Tesla coils have been seen in many great console games for a long time now but in mobile games,the use of tesla coils...

3 hours ago

Bill Belichick Insists New England Patriots 'Have Absolutely Followed Every Rule

Bill Belichick Insists New England Patriots 'Have Absolutely Followed Every Rule to the Letter' New England Patriots head coach Bill Belichick called a surprise press conference on Jan. 24 to clear the air on the...

5 hours ago

NFLPA Advises Players Not To Discuss DeflateGate Scandal

NFLPA Advises Players Not To Discuss DeflateGate Scandal The National Football League Players Association (NFLPA) has advised its players not to talk about the "...

7 hours ago

'The Hunting Ground' illuminates administrator silence on college sexual assault

'The Hunting Ground' illuminates administrator silence on college sexual assault 'The Hunting Ground' attempts to offer college women silenced over sexual assault a voice. Included in the...

9 hours ago

Expect More Victims of Disneyland Measles Outbreak

Expect More Victims of Disneyland Measles Outbreak In 2000, the measles was thought to be eliminated, but in recent years numbers have been high. Disneyland measles...

12 hours ago, 3:22pm CST

The Euro Slides As American Dollar Strengthens

The Euro Slides As American Dollar Strengthens The Euro continues to tumble as the American dollar rises. Investors and exporters curious about the potential increase...

14 hours ago, 1:18pm CST

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale

Budweiser Super Bowl 2015 Ad Beer Run stars a Clydesdale The Budweiser Clydesdale are appearing this year in both Budweiser Super Bowl 2015. Besides the Lost Dog commercial a...

15 hours ago, 12:29pm CST

Gender Equality HeForShe Campaign Makes IMPACT in Davros Press Conference

Gender Equality HeForShe Campaign Makes IMPACT in Davos Press Conference HeForShe launched four months ago and men worldwide have committed to engage in gender equality. Now, the HeForShe...

16 hours ago, 11:31am CST

Larry Ellison, Oracle's Resident Philanthropist, Is Looking To Help California Wildlife Continue

Larry Ellison, Oracle's Resident Philanthropist, Is Looking To Help California Wildlife Continue Larry Ellison recently stepped down as Oracle's CEO and may be spending the time completing the Conservation...

18 hours ago, 9:11am CST

Apple Watch battery may disappoint some

Apple Watch battery may disappoint some Low life will barely get through the day

19 hours ago, 8:19am CST

SimCity Build It

SimCity Build It There won’t be any gaming enthusiast who isn’t familiar with The Sims -the great game that has been played on computers...

1 day ago, 2:28am CST

How much did Apple execs make in 2014?

How much did Apple execs make in 2014? 2015 could see even higher earnings

2 days ago, 11:42pm CST

China's Censorship System ‘Upgrade’ hits VPNs

China's Censorship System ‘Upgrade’ hits VPNs The move has affected the usage of at least three popular VPN services and attacked others with more vigor than usual.

2 days ago, 12:35pm CST

Rarest PS4 edition getting auctioned on Yahoo

Rarest PS4 edition getting auctioned on Yahoo Bidding has already exceeded $11,500 for the first 20th Anniversary PS4 ever made.

2 days ago, 12:23pm CST

BMW, Volkswagen and ChargePoint to create Express Charging Corridors for Electric Vehicles

BMW, Volkswagen and ChargePoint to create Express Charging Corridors for Electric Vehicles BMW, Volkswagen will help ChargePoint to create express charging corridors for electric vehicles (EVs) on the East and...

2 days ago, 10:39am CST

Toyota Super Bowl 2015 Ad with Amy Purdy Released

Toyota Super Bowl 2015 Ad with Amy Purdy Released Toyota released an extended version of the Toyota Super Bowl 2015 Ad staring Amy Purdy.

2 days ago, 9:40am CST

Nissan Super Bowl 2015 Ad

Nissan Super Bowl 2015 Ad Nissan released a series of videos created by Youtube stars. Nissan joins Toyota and Dove with a Dad themed Super Bowl...

2 days ago, 8:40am CST

X-Men: Apocalypse casts Sophie Turner, Alexandra Shipp, Tye Sheridan as Jean Grey, Storm, Cyclops

X-Men: Apocalypse casts Sophie Turner, Alexandra Shipp, Tye Sheridan as Jean Grey, Storm, Cyclops Sophie Turner, Tye Sheridan and Alexandra Shipp have been cast as Jean Grey, Cyclops and Storm in the upcoming X-Men:...

2 days ago, 8:32am CST

Apple Watch hoping for optimal battery life

Apple Watch hoping for optimal battery life Hoping for four days on standby mode

2 days ago, 7:48am CST

Miranda Lambert sings 'Roots and Wings' for Ram Trucks New Commercial

Miranda Lambert sings 'Roots and Wings' for Ram Trucks New Commercial Miranda wrote a new song and features in their advertisements while Ram trucks also get a spot to advertise in her...

2 days ago, 7:33am CST

Matt Damon starts Buy a Lady a Drink Initiative

Matt Damon starts Buy a Lady a Drink Initiative The co-founders of Water.org, Matt Damon and Gary White, have started the Buy a Lady a Drink initiative at the 2015...

2 days ago, 7:21am CST

Apple Watch will have apps for everyone

Apple Watch will have apps for everyone A wide range available for all ages

2 days ago, 7:12am CST

Could Apple make apps for Blackberry?

Could Apple make apps for Blackberry? Net neutrality could make that possible

2 days ago, 7:08am CST

Comments

blog comments powered by Disqus