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May 17 2013
Is Marissa Mayer About to Buy Tumblr for $1 Billion? http://t.co/M6faLyGEST #SM #SocialMedia
May 17, 2013
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Is Marissa Mayer About to Buy Tumblr for $1 Billion?
In a deal that would vault Yahoo into the premiere league of social media, Yahoo CEO Marissa Mayer is said to be closing in on a $1 billion acquisition deal with David Karp, the CEO of New York-based Tumblr. Details of the talks leaked out earlier Thursday via AllThingsD, a site which prides itself on its Yahoo sources in particular.
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