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Yahoo's $1.1 billion purchase of Tumblr a done deal

By Dave LeClair
May 20, 2013
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  1. Yahoo first announced its intention to acquire the popular blogging site Tumblr on Sunday, and it has made the $1.1 billion deal official this morning. CEO Marissa Mayer is clearly trying to make good on her promise of turning Yahoo into a...

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  2. umbala

    umbala TS Rookie Posts: 21

    Well, I guess that marks the end of Tumblr. Yahoo is the new AOL. They're like a Bizzaro World King Midas, everything they touch turns to s**t. I'm sure Yahoo will now get busy finding ways to cram ads and monetize their new acquisition. Oh well.
     
  3. MilwaukeeMike

    MilwaukeeMike TS Evangelist Posts: 2,157   +739

    Pretty extreme don't you think? I looked up some 2012 web stats... turns out Yahoo is the 3rd most visited site on the web, only behind Google and Facebook. And for news, it's number 1. I'd give em a chance. :)

    http://www.guardian.co.uk/news/data...te-visitor-statistics-nielsen-may-2012-google
     
  4. JC713

    JC713 TS Evangelist Posts: 7,065   +919

    I have faith in Yahoo. I dont use Tumblr but my sister is a big fan of it. If this was Google I would be worried, but with Yahoos recent restructuring, I have faith. The only thing that I hate about this deal is that in the future, Tumblr will be 50% ads.
     


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