According to the Wall Street Journal, today that Yahoo’s board approved the $1.1 billion purchase of Tumblr. Yahoo was said to be in talks with Tumblr for the acquisition but it doesn’t mean that the company will accept the $1.1 billion offer.
According to the Wall Street Journal, today that Yahoo’s board approved the $1.1 billion purchase of Tumblr. Yahoo was said to be in talks with Tumblr for the acquisition but it doesn’t mean that the company will accept the $1.1 billion offer.
Fred Amoroso, Chairman of Yahoo resigns after only being appointed only a year ago. According to a statement from the chairman, he will continue to serve on the board until this summer.
Yahoo announced today that it has signed an exclusive deal with Broadway Video to show Saturday Night Live on its site. The deal gives the online company the rights to the entire 38 year back catalog.
According to sources, Yahoo is in talks with Apple so the company can play a more prominent role in Yahoo’s ecosystem. Yahoo already powers iOS’s Weather, Stock apps and provides data for Siri. The two companies are discussing “new arrangements, including possible deals to get more content from Yahoo Sports, Yahoo News” according to the Wall Street Journal.
It looks like Yahoo is really gearing up to do something mobile soon. We reported just a few days about Yahoo acquiring Jybe, a start up mobile app company. Now, Yahoo has a new acquisition, Summly, a mobile news gathering and delivery startup.
Flickr has been slowly coming back into relevance after the whole Instagram Terms of Service & now they their supporting the standard hashtag. When you tap on a hashtag, you can see all photos associated with it. Grab the update the jump.