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Yahoo Buys Tumblr for $1.1B, Promises 'Not to Screw It Up'

2013-05-20 19:35:22| PC Magazine Software Product Guide

After a weekend of rumors, Yahoo this morning confirmed its purchase of blogging site Tumblr for $1.1 billion.

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Google, Microsoft, and Yahoo are secret backers behind European Privacy Association

2013-05-20 17:39:45| InfoWorld: Top News

After being accused of a lack of transparency by an independent watchdog, the European Privacy Association (EPA) has confirmed that Google, Microsoft and Yahoo are backers. The Corporate Europe Observatory (CEO), which works to expose privileged access in E.U. policy making, said in a complaint Thursday that the European Privacy Association is working to represent industry interests in the debate on data protection in Europe, even though it has not listed any corporate backers on the E.U.'s "Transparency Register."

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Wordpress CEO says 72,000 blogs left Tumblr after Yahoo deal

2013-05-20 15:11:04| CNET News.com

He said that he usually sees Tumblr defections from 400 to 600 per hour, but jumped to 72,000 after a report on the deal surfaced. [Read more]    

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Thousands of Tumblr users migrate to WordPress in wake of Yahoo acquisition

2013-05-20 14:49:25| InfoWorld: Top News

As investors and observers debate the merits of Yahoo's $1.1 billion acquisition of Tumblr,

Tags: users yahoo thousands wordpress

 

Yahoo confirms deal to buy Tumblr for USD 1.1 billion

2013-05-20 14:38:00| Telecompaper Headlines

(Telecompaper) Yahoo has confirmed that it has reached a definitive agreement to acquire blog website Tumblr, which will be independently operated as a separate business and keep David Karp as CEO. Yahoo will pay USD 1.1 billion for Tumblr. Subject to customary closing conditions, the transaction is expected to close in the second half of the year.

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