Monday, May 20, 2013

Vowing 'not to screw it up,' Yahoo buys Tumblr
[ Mon, 20 May 2013 14:04:10 GMT ]
Yahoo and Tumblr made their wedding vows Monday with the stumbling Web search giant publicly announcing its promise not to "screw up" the relationship.Yahoo confirmed it will buy the blogging website for $1.1 billion cash, in a bold move to make itself more relevant amid the explosion in social media on the Internet.It was old new media hooking up with new new media. Even as Yahoo's CEO Marissa Ma...
    


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