Yahoo Plans To Acquire Tumblr in 1.1 Billion Dollar Buy

Tumblr will join Yahoo in 2013

Tumblr, one of the world’s premiere blogging platforms is set to be acquired by Yahoo one of the world’s first internet heavy hitters. The deal will be completed by the second half of the year and will be an all cash transaction. Twenty-six-year-old founder David Karp, will remain on as the chief executive for four […]