Yahoo's board has agreed to pay $1.1 billion for Tumblr, according to reports.
The last remaining obstacle to ‘s acquisition of Tumblr has been cleared away. According to multiple reports, ‘s board of directors has signed off on a $1.1 billion bid for the six-year-old company, which combines features of a social network and a publishing platform. Since Tumblr’s board has already approved the offer, as I reported [...]
By the end of this weekend, Tumblr founder David Karp will most likely be $250 million richer and Yahoo founder Marissa Mayer will be able to say she outmaneuvered her old friends at Google, not to mention Facebook, Twitter and Microsoft.
Yahoo has set a Monday news conference in NY to announce “something special”, and CBNC says that CEO Marissa Mayer will be there. Could the news be that it is acquiring the social network Tumblr? Reports surfaced last night that Yahoo...Show More Summary
Be sure to check out this op-ed on Yahoo Finance regarding Senator Warren's proposal to cut interest rates on federal student loans. This Ed Money Watch post has a rundown of all of the pending proposals, including the one sponsored by House Republicans that will be up for a vote next week.
A company called WebpageFX, which tracks “over 1,000 profiles in Google Analytics” has put together regional and demographic data about search engine usage in the US. The company says it has “search data for over 35,000,000 queries in 2012.” From this corpus it submits that “Google owns nearly 81% of the US search engine market.” In [...]
The Tumblr sweepstakes have begun. According to multiple reports (the first coming from All Things D). the social blogging site is in serious talks with, which is looking to secure a strategic investment, partnership or even an outright acquisition. In the latter scenario, the price could top $1 billion, which would represent a 25% [...]
All Things D | Adweek | GigaOm | TechCrunch Yahoo is discussing “strategic alliance and investment in or outright buy of” Tumblr, Peter Kafka and Kara Swisher reported Thursday evening. Any such deal “could certainly bring Yahoo a … Read more
Click here to receive Mediabistro’s Morning Media Newsfeed via email. Yahoo! in Talks to Acquire Tumblr: Deal Could Reach As High As $1 Billion (Adweek) Is Marissa Mayer about to make a game-changing acquisition? It appears so. Yahoo!...Show More Summary
FRIDAY 5.17.2013 Music Business News & Views From Around The Web CLICK HERE Updated Continuously Under Hypebot's More News Tab Above
The hedge fund manager -- who's asked Sony to spin off its entertainment assets, and successfully reshaped Yahoo's board -- has been buying shares of the company's private stock at a price up nearly 80 percent over the last month. read more
Hedge fund manager Daniel Loeb, who previously targeted changes at Yahoo, wants the conglomerate to sharpen its focus and boost its profits. read more
By Mark Townsend, Yahoo! Sports In a big labor battle that has been developing out in San Francisco, concession workers at AT&T Park voted nearly unanimously — 97 percent — on Saturday to give their union the authority to call for a strike.
Just moments ago, we heard a loud knocking a the door. Sh-t! What did we do? Lo and behold it was a large bag of Georgetown cupcakes. They were from Yahoo! to give us a “little taste of Yahoo! on the road.” Delivered by a neighbor, we...Show More Summary
Go Daddy: you know it as the largest domain registrar in the world. It has also been known for its “sexy” (some would say sleazy) commercials. But with new CEO Blake Irving (formerly Chief Product Officer at Yahoo) at the helm and some local veterans in its ranks now, the company is making a major [...]
Marissa Mayer and her team recently failed to buy a stake in France Telecom-owned online video site Dailymotion. read more
Follow-up to this weekend's discussion Someone sent me this discussion thread he started, http://autos.groups.yahoo.com/group/[...]
ETP0802 sent this in. After a long day of dealing with freaks, weirdos and yahoos– and I work in the Pentagon– I needed a laugh. Unfortunately this isn’t a DuffelBlog article. Anyone out that way care to comment?
MONDAY 5.6.2013 Music Business News & Views From Around The Web CLICK HERE Updated Continuously Under Hypebot's More News Tab Above
The stars were bigger, the venues sleeker, the lines longer. Close to 20 companies from Yahoo to Blip hosted NewFronts last week, earning generally strong reviews. "If last year was about the start of a movement, this year was about evolution and maturity," said Adam Shlachter, svp media, Digitas. Show More Summary