Categories
Close
Menu
Menu
Close
Search
Search

Featured Articles

News

Yahoo! to acquire blogging and sharing business Tumblr

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

Yahoo! has agreed a deal to acquire blogging and media sharing platform Tumblr for approximately $1.1 billion (£724 million). Tumblr will continue to operate as a separate business with David Karp as CEO.

More than 300 million people visit Tumblr every month; more than half of Tumblr’s users are said to be using the mobile app.

Marissa Mayer, CEO of Yahoo!, said “Tumblr is redefining creative expression online. On many levels, Tumblr and Yahoo! couldn't be more different, but, at the same time, they couldn't be more complementary. Yahoo is the Internet's original media network. Tumblr is the Internet's fastest-growing media frenzy. Both companies are homes for brands - established and emerging. And, fundamentally, Tumblr and Yahoo! are both all about users, design, and finding surprise and inspiration amidst the everyday. I've long held the view that in all things art and design, you can feel the spirit and demeanor of the creator. That's why it was no surprise to me that David Karp is one of the nicest, most empathetic people I've ever met. He's also one of the most perceptive, capable entrepreneurs I've ever worked with. David's respect for Tumblr's community of creators is awesome. I'm absolutely delighted to have him join our team.”

The deal is expected to be completed in the second half of this year.

[Yahoo! blog post]

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Opinion Articles

Whatever happened to all my tech?

ExclusiveWhatever happened to all my tech?

Mark Bridge writes:

I've been taking a look back at the devices I've written about during the past few years. Some are still faithful companions, others... well, let's just say my faith was misplaced.

ExclusivePredictions for 2016: Network Function Virtualisation, 4G throttling and video calling

Mark Windle, head of marketing at OpenCloud, predicts that this year’s reduction in the number of traditional telecoms operators in some countries will provide an opportunity for other operators to innovate and capture market share in 2016.

He says next year will be a year of rapid change for telecoms… whether it’s MVNO disruption, competitive tariff pricing or simply defence from the ‘dark art’ of hacking.

Kapture review: the audio-recording wristband

ExclusiveKapture review: the audio-recording wristband

Mark Bridge writes:

The most memorable moments in life often go unrecorded. You don't have your camera in your hands. Your finger is still hovering over the 'pause' button on your audio recorder. Or you were simply too busy experiencing whatever was happening. It's all about the one that got away.

That's where Kapture can help.

RSS
12345678910Last

Recent Podcasts

ExclusivePodcast - 25th March 2009

John Barton discusses LG's recent successes - including last week's Mobile News Awards wins - and talks about its current UK activities. Plus, as usual, the team takes a look at the latest activity in the UK mobile phone industry.

ExclusivePodcast - 18th March 2009

This week on The Fonecast there's news about the Apple iPhone 3.0 update and all the other mobile industry headlines from the last seven days. In addition we talk to Chris Caudle from the IMPDA about the ways that high-street dealers are coping with the current economic situation.

ExclusivePodcast - 11th March 2009

The Fonecast takes its regular weekly look at the latest mobile news headlines, including a new technology partnership between Barclaycard and Orange. There's also an introduction to the relatively recent phenomenon of 'App Stores'.

ExclusivePodcast - 4th March 2009

This week's edition of The Fonecast talks about mobile phone recycling with Chris Rogerson from ShP Limited - the company behind Mopay. And, as usual, there's our look at industry headlines from the last seven days.

ExclusivePodcast - 25th February 2009

In The Fonecast this week there's an in-depth look at the new Emporio Armani phone produced by Samsung. We also talk about the latest mobile industry headlines, from Vodafone redundancies to mobile viruses.

RSS
First7980818284868788Last

Follow thefonecast.com

Archive Calendar

«June 2026»
MonTueWedThuFriSatSun
25262728293031
1234567
891011121314
15161718192021
22232425262728
293012345

Archive