Yahoo is buying Tumblr for $1.1 Billion, promises to keep it independent
Its Official! Yahoo has now confirmed the purchase of Tumblr social blogging platform for $1.1 Billion. Yahoo has pledged that Tumblr will remain an independent entity with Founder and CEO David Karp remaining at the helm as the CEO of the company under Yahoo. Last week when news began to float regarding a possible acquisition…
Tumblr is now owned by Yahoo!















