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Revenue articles

Tumblr to flip the switch on blog ads this week

Wow, that didn’t take long. Just one day after Verizon revealed it would be acquiring Yahoo for $4.83 billion, Tumblr quietly announced intentions to introduce ads across its more than 300 million blogs (Yahoo, as you may recall, purchased the…

Struggling Yahoo to fire 1,700 employees and close five offices

Things aren't going so well for Yahoo, and CEO Marissa Mayer is desperately attempting to steady the ship. Revenues continue to decline, leading the company to lay off 15 percent of its workforce – approximately 1,700 employees – and shut…