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| VIEW EVENT INFORMATION: Tumblr |
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Yahoo Closes Its Purchase Of Tumblr For $1.1B, Reconfirms Karp At The Helm Of Social Site |
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About the organization Tumblr:
Type: Business
Sub-Types: Website, Social Networking Agent, Text Hosting Agent, Picture Hosting Agent, Blogging, Microblogging |
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Notable Organizations: Tumblr, Techcrunch
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| In a week where Tumblr CEO David Karp did the rounds at the Cannes Lions advertising confab in France, Yahoo has now confirmed that it has completed its acquisition of the social network and blogging site for $1.1 billion — first announced in May.
As Yahoo said previously, it will keep Tumblr as an independent site, which will continue to be run by founder Karp. Although, in… |
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