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Yahoo confirms deal to buy Tumblr for USD 1.1 billion
2013-05-20 14:38:00| Telecompaper Headlines
(Telecompaper) Yahoo has confirmed that it has reached a definitive agreement to acquire blog website Tumblr, which will be independently operated as a separate business and keep David Karp as CEO. Yahoo will pay USD 1.1 billion for Tumblr. Subject to customary closing conditions, the transaction is expected to close in the second half of the year.
VIDEO: Yahoo 'to buy Tumblr for 1.1bn'
2013-05-20 12:54:42| BBC News | Business | UK Edition
Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (725m), US media reports say.
Report: Yahoo board approves deal to buy Tumblr for $1.1B
2013-05-20 07:32:50| InfoWorld: Top News
Yahoo's board of directors has approved spending $1.1 billion in cash to buy popular blogging site Tumblr, according to the Wall Street Journal. The plan is for Tumblr to operate as an independent business, the Journal reported on Sunday, quoting anonymous sources. Asked via email about the Journal's report, a Yahoo spokeswoman declined to comment. Tumblr didn't immediately respond to a request for comment.
Yahoo 'to buy Tumblr for $1.1bn'
2013-05-19 20:08:48| BBC News | Business | UK Edition
Yahoo's board approves a deal to buy New York-based blogging service Tumblr for $1.1bn (725m), US media reports say.
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Yahoo to buy news summarizing app Summly for undisclosed sum
2013-03-25 14:58:40| CNET News.com
The app, created by teenager Nick D'Aloisio, will shut down for now but will "come to life" through Yahoo's various mobile offerings soon, the company said. [Read more]