By now, everyone in tech knows: Yahoo! spent $1.1 billion of its cash and bought Tumblr. I was just as surprised, but only for the reasons Bob cited in today’s comic.
What happens to Tumblr now? Yahoo CEO Marissa Mayer says it will operate as is, for now… but companies don’t spend $1.1 billion on a service for nothing.
-Krishna
Hal
May 20, 2013 at 7:53 amYa know, I had that exact same thought when I heard of the deal. “Wait, WHAT!? Where did Yahoo get THAT kind of money? I thought they were broke.”
Coyoty
May 20, 2013 at 3:10 pmI’ve heard that much of Tumblr’s content NSFW, so Yahoo! may have a philosophical challenge operating it as is.
Kevin Rubin
May 20, 2013 at 6:24 pmReally? Dang, I’m going to have check out Tumblr a bit more now, huh…