May 18 2013
News from @AP: Yahoo nearing $1.1B acquisition of Tumblr: http://t.co/jhoJTs6lR0
May 18, 2013
AP News: Report: Yahoo nearing $1.1B acquisition of Tumblr
Tumblr serves up a constantly changing collage of stories, photos and other digital content served up by users who are increasingly connecting to the service through its mobile applications. The service is also one of the hottest sites among teens and young adults, a demographic that Mayer, 37, thinks Yahoo needs to do a better job of reaching.