Yahoo confirms Tumblr acquisition, Tumblr to remain independent

Yahoo has confirmed it has bought Tumblr, in a deal noted yesterday to be in the region of $ 1.1 billion. The search company has already moved its company blog over to the blogging platform, and despite CEO Marissa Mayer saying “We promise not to screw it up,” there is reportedly a large jump in the number of users moving from Tumblr to WordPress….Electronista | Gadgets for Geeks

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