Yahoo Buying Tumblr for $1B, But Can They Make Money?

[blogger]

Yahoo Buying Tumblr for $1B, But Can They Make Money?

Yahoo’s board agreed on Sunday to buy the massively popular blogger site Tumblr for $1.1 billion in cash. The companies both officially announced the deal early this morning, as MMW reported. This is clearly part of CEO Marissa Mayer’s big picture plan to reposition the company as the tech industry hustles to hop on board [...]

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