Yahoo: $1.1 Billion Tumblr Buyout Blunder? | Linux Today

Yahoo: $1.1 Billion Tumblr Buyout Blunder?

Written By
Web Webster
Web Webster
May 19, 2013

Yahoo is buying Tumblr for $1.1 billion. So let’s get this straight: On one side of the table we have a big, aging Internet media company that needs to boost profits. On the other side of the table we have a blogging platform that has generate tiny revenues — and no profits. So how exactly will Tumblr boost Yahoo’s fortunes?

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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