Source: ReadWriteWeb
If it goes through as planned, buying Tumblr would be a signature deal for Yahoo CEO Marissa Mayer in her effort to transform the aging Web-media company into a producer of habit-forming online experiences. Tumblr has some 100 ...
Full article at: ReadWriteWeb
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Source: Citywire.co.uk
Financial Times: Marissa Mayer, chief executive of Yahoo, has made her first big bet to jump-start growth at the stalled web portal company with the purchase of New York start-up Tumblr, according to two people ...
Full article at: Citywire.co.uk
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Source: The Portland Maine Press Herald
Obama urges male grads to accept responsibilities President Obama on Sunday summoned the graduates of historically black Morehouse College to "transform the way we think about manhood," urging the young men to avoid the temptation to make excu ...
Full article at: The Portland Maine Press Herald
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Source: Wall Street Journal
Yahoo Inc. has agreed to pay $1.1 billion for Tumblr, a six-year-old company with more than 100 million users but very little revenue, a deal that highlights the shifting balance of power in the technology business. In a 2012 interview, Tumblr's D ...
Full article at: Wall Street Journal
More like this 5 hours ago
Source: Entertainment Weekly
Yahoo agreed to buy the blogging service Tumblr for around $1.1 billion in cash, reports The New York Times . If the deal is approved, it would be the biggest yet under the tenure of new Yahoo CEO Marissa ...
Full article at: Entertainment Weekly
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Source: Sydney Morning Herald
Set to make a fortune: David Karp. Photo: Bloomberg Five years ago, tech prodigy David Karp was determined that the business he founded in his mother's small New York apartment would not be absorbed by a multina ...
Full article at: Sydney Morning Herald
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Source: New York Post
Tumblr’s sale to Yahoo! comes just in time for the New York City-founded startup — investors and staff at the six-year-old blogging site were getting restless as the company failed to make money fast enough. Now, Tumblr founder David ...
Full article at: New York Post
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Source: MSN India
Yahoo! is eyeing the move to attract more users from the 18 to 24-year-old age bracket, and that the Internet pioneer sees the fast-growing Tumblr as one of the coolest sites with young Internet user New Yor ...
Full article at: MSN India
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Source: The Age
The ASX moved close to a 5-year high after Wall Street reached record highs, while the Aussie dollar has reclaimed some lost ground. 1:21pm: There are a few companies missing out on today's gains. Telstra has remained on the si ...
Full article at: The Age
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Source: Forbes
Whenever a spunky, growing startup gets sold to an established player – the cry goes out. Users won’t like it. The culture will be ruined. The startup will be subsumed by its parent. Sometimes it’s true, but in ...
Full article at: Forbes
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