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

By Dave LeClair
May 20, 2013
Post New Reply
  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...

    Read more
  2. umbala

    umbala TS Maniac Posts: 197   +176

    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: 3,018   +1,319

    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. :)
  4. Jad Chaar

    Jad Chaar Elite Techno Geek Posts: 6,481   +975

    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.

Similar Topics

Add your comment to this article

You need to be a member to leave a comment. Join thousands of tech enthusiasts and participate.
TechSpot Account You may also...