Yahoo May Acquire Tumblr for $1 Billion

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Yahoo May Acquire Tumblr for $1 Billion

Facebook isn’t the only company that can pay upwards of $1 billion to acquire a hot digital property. According to AllThingsD, Yahoo may be seriously considering the acquisition of social networking platform Tumblr. Earlier this week, Yahoo CFO Ken Goldman spoke at JP Morgan’s Global Technology conference and underscored the need for the aging Silicon [...]

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