Techmeme: Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected (Kara Swisher/AllThingsD)

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May 20, 2013, 1:15 AM

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Kara Swisher / AllThingsD:

Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected — The Yahoo board has approved a massive $1.1 billion all-cash deal to buy Tumblr. — Sources close to the board said the deal was a foregone conclusion and was an unanimous vote by the Silicon Valley Internet giant.

More: Wall Street Journal, New York Times, BBC, GigaOM, AdExchanger, AdExchanger, ReadWrite, TechCrunch, Engadget, AllThingsD, Ars Technica, Mashable, Digiday, Matt Mullenweg, CNET, The Verge, Guardian, Forbes, TNL.net, International Business Times, PC Magazine, GeekWire, BuzzFeed, Daily Mail, IntoMobile, Fortune, VentureBeat, Forbes, The Next Web, NYConvergence.com, ZDNet, ITworld.com, Betabeat, Valleywag, Business Insider, BuzzFeed, Bloomberg, SlashGear, TechnoBuffalo, GigaOM, ValueWalk, Danielle Morrill, The Wrap, BuzzFeed, Marketing Land, Electronista, PhoneArena, Sean Percival's Blog, Neowin, App Advice, Skift, CE: The Magazine, SocialTimes, ParisLemon, GigaOM, Softpedia News, VatorNews, Corporate Intelligence, The Atlantic Wire, DailyFinance.com, Deadline.com, AllThingsD, TIME and The Huffington Post

Tweets: @wsj, @dkthomp, @howardlindzon, @antderosa, @semil, @karaswisher, @karaswisher, @sfiegerman, @karaswisher, @jeffweiner, @taylorlorenz, @ldignan, @ckanal and @theromit

See also Mediagazer

Peter Kafka / AllThingsD:

Why Yahoo Doesn't Think Tumblr Has a Porn Problem — If you write about Tumblr as a business, you are required to note that Tumblr has a lot of porn. — How much porn? You'll have to make something up, because the only people who know how much porn the blogging service hosts work …

More: Business Insider, Mercury News, Businessweek, PC Magazine, Valleywag and Howard Lindzon. Tweets: @howardlindzon

John Saroff / Saroff's Place:

On Yahoo & Tumblr: “We have vision, delusion and hallucination and I want to know which one this is.” — “We have vision, delusion and hallucination and I want to know which one this is.” - quote anonymously attributed to Yahoo COO Henrique de Castro while an exec at Google.

More: TechCrunch, Danielle Morrill, Business Insider, John Battelle's Search Blog, CNET, memeburn, Internet Evolution and TechSpot

Tweets: @pkafka and @hunterwalk

Thanks:@joshconstine

Kara Swisher / AllThingsD:

Tumblr Brand Will Remain — With Mostly “Hands-Off” Product Approach by Yahoo's Mayer — According to numerous sources close to the situation, the Tumblr brand will continue on in the wake of its $1.1 billion acquisition by Yahoo. — That includes definitive promises by Yahoo CEO Marissa Mayer …

More: TechCrunch, Forbes and PhoneArena. Tweets: @rupertmurdoch

Ian Sherr / Wall Street Journal:

Microsoft's New Xbox Girds for a Smartphone Battle — Microsoft Corp. will unveil its new Xbox on Tuesday. What's underneath the hood of the latest videogame console represents a multiyear odyssey of trying to figure out how to keep the machine “cool” in the age of smartphones and tablets.

More: Bloomberg, Neowin and Reuters

Darrell Etherington / TechCrunch:

Former Google Exec Turns Whistleblower On Company's Tax Avoidance Machinations In The UK — Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails …

More: The Sunday Times, The Verge, Guardian, TechPolitik, T3 News and NYT Bits

Andy / TorrentFreak:

RapidShare Fires 75% of its Staff After “Rogue Site” Revamp Bites — After its launch in 2004, RapidShare's speedy growth saw the company become one the largest file-hosting sites on the Internet. — However, like all sites of this nature, RapidShare became popular with those looking to store copyright-infringing material.

More: GigaOM, Web Host Industry Review and gHacks Technology News

Darrell Etherington / TechCrunch:

Leaked Memo Shows Barnes & Noble Bringing Web Browser And Email To Simple Touch eReaders In June — An upcoming update will bring a web browser, email and update store app to Barnes & Noble's super affordable Nook Simple Touch line of e-readers, which will begin rolling out June 1 according …

More: The Verge, Electronista and The Digital Reader. Thanks:@mjburnsy

James Trew / Engadget:

Dell Project Ophelia USB Android stick to ship in July, priced at $100 — We know that “where for are thou?” was in search of a different Shakespearean character, but if you had the same question for (Dell's) Ophelia, then the answer is July. The Android pendrive / USB computer we saw …

More: Electronista, Android Authority, HotHardware.com News, PhoneArena and CITEworld

Sean Hollister / The Verge:

How two Valve engineers walked away with the company's augmented reality glasses — Three months ago, celebrated video game publisher Valve did something completely out of character: it fired up to 25 workers, in what one employee dubbed the “great cleansing.”

More: adafruit industries blog, Engadget, Gizmodo, T3 News and Polygon

Eliza Kern / GigaOM:

Pinterest takes a “first step” toward working with big brands — Pinterest plans to announce a new type of pin on Sunday that will highlight a large number of major U.S. retail brands, marking the company's “first step” in integrating images with associated brands, and making it easier to click through links and purchase items.

More: Oh, How Pinteresting! and AllThingsD

Nick Bilton / NYT Bits:

At Google Conference, Cameras Even in the Bathroom — The future came crashing down on me this week at the Google I/O developer conference while I stood at a bathroom urinal. — I had just wrapped up a conversation with a man who owned a pair of Google's Internet-connected glasses, Google Glass.

More: eWeek, CNET, Daggle, TechCrunch, InvestorPlace, The Technology Chronicles, Co.Design, TechCrunch, Wall Street Journal, Daggle, Mashable, SiliconANGLE, Skift and Business Insider

Scott Stein / CNET:

Glasses with Google Glass: Prescription versions appear at Google I/O

More: Fox News, Forbes, Engadget, Android Authority, SlashGear and TechHive

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