Yahoo buys Tumblr for $1.1 billion

Located in Manchester’s Silicon Valley, Tumblr the popular photo blogging platform, was bought for $1.1 billion. That is a lot of Legend beer. From CNN Money. The deal, which had been rumored since last Thursday, will help Yahoo to tap into the younger, active online user base at Tumblr. But the deal raises concerns among some […]

Located in Manchester’s Silicon Valley, Tumblr the popular photo blogging platform, was bought for $1.1 billion. That is a lot of Legend beer. From CNN Money. The deal, which had been rumored since last Thursday, will help Yahoo to tap into the younger, active online user base at Tumblr. But the deal raises concerns among some […]

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