Yahoo: $1.1 Billion Tumblr Buyout Blunder?

Posted by thevarguy2 on May 20, 2013 4:31 PM EDT
The VAR Guy		Mail this story
Print this story

Yahoo is buying Tumblr for $1.1 billion. So let's get this straight: On one side of the table we have a big, aging Internet media company that needs to boost profits. On the other side of the table we have a blogging platform that has generate tiny revenues -- and no profits. So how exactly will Tumblr boost Yahoo's fortunes?

Full Story

  Nav
» Read more about: Story Type: News Story; Groups: Community

« Return to the newswire homepage

Subject Topic Starter Replies Views Last Post
Untitled gary_newell 3 871 May 21, 2013 4:01 PM

You cannot post until you login.