Yahoo announced it bought the blogging site Tumblr for $1.1 billion on Monday, May 20. Like other acquisitions where an older media giant snatches up the tool all the cool kids are using, Yahoo says it hopes to tap into a younger audience.
via CNN.com - Technology http://rss.cnn.com/~r/rss/edition_technology/~3/ny4Q9Ensz-4/index.html
via CNN.com - Technology http://rss.cnn.com/~r/rss/edition_technology/~3/ny4Q9Ensz-4/index.html
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