Yahoo! Buys Tumblr for $1.1 Billion

Well, the rumours have been true this time then! In yet another huge take over by Yahoo, it bought the blogging service Tumblr for a whopping $1.1 billion in cash making it one of the largest acquisitions in recent times.

Marrisa Mayer, the chief executive of Yahoo is going to undertake all efforts possible to give this . . . → Read More: Yahoo! Buys Tumblr for $1.1 Billion