Yahoo set to buy Tumblr for $1.1B; Mayer promises “not to screw it up”
Dive into the bold move as Yahoo acquires Tumblr for a whopping $1.1 billion in cash. Marissa Mayer, Yahoo’s CEO, promises to let Tumblr operate independently, aiming to tap into the younger demographic that has eluded Yahoo. The acquisition sparks debates on the potential risks and rewards, with Yahoo betting big on Tumblr’s unique appeal in the online landscape.
Yahoo set to buy Tumblr for $1.1B; Mayer promises “not to screw it up” Read More »
