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

Yahoo
  • Posted May 20, 2013, 9:52 AM by Dave LeClair | Filed in Industry News, The Web
  • 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…

US FTC probes Facebook acquisition of Instagram

US FTC probes Facebook acquisition of Instagram
  • Posted May 11, 2012, 12:30 PM by Lee Kaelin | Filed in Industry News

  • The US Federal Trade Commission (FTC) has launched an investigation into social networking giant, Facebook and its proposed acquisition of Instagram, which threatens to delay the closing of the $1 million purchase according to a report by...

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