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May 20, 2013, 8:20 AM
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| Robin Wauters / The Next Web: |
Done deal: Yahoo acquires blogging platform Tumblr for “approximately $1.1 billion” — It's done. — As expected, Yahoo this morning announced its acquisition of blogging phenomenon Tumblr. The Internet giant has bought the New York company for “approximately $1.1 billion”, substantially all of which will be paid in cash.
More:
New York Times, TechEye and Forbes
| 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:
The Verge, ZDNet, Forbes, Mercury News, Business Insider, Businessweek, CNET and PC Magazine. Tweets: @howardlindzon
| Marissa Mayer / Yahoo!: |
Tumblr. + Yahoo! = !! — I'm delighted to announce that we've reached an agreement to acquire Tumblr! — We promise not to screw it up. Tumblr is incredibly special and has a great thing going. We will operate Tumblr independently. David Karp will remain CEO.
Tweets: @marissamayer and @marissamayer
| John Battelle / John Battelle's Search Blog: |
Yahoo! and Tumblr: It's About Display, Streams & Native at Scale — The world is atwitter about Tumblr's big exit to Yahoo!, and from what I can tell it seems this one is going to really happen (ATD is covering it well). There are plenty of smart and appropriate takes on why this move makes sense …
More:
SocialTimes, PhoneArena and TechCrunch
| David Karp / Tumblr Staff: |
News! — Everyone, I'm elated to tell you that Tumblr will be joining Yahoo. — Before touching on how awesome this is, let me try to allay any concerns: We're not turning purple. Our headquarters isn't moving. Our team isn't changing. Our roadmap isn't changing.
| John Saroff / Saroff's Place: |
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Telegraph, Business Insider, Danielle Morrill, Internet Evolution, memeburn, TechSpot, TechCrunch and Forbes
Tweets: @pkafka and @hunterwalk
Thanks:@joshconstine. See also Mediagazer| Sharif Sakr / Engadget: |
The first Jolla phone: 4.5-inch display, Android app compliant, 399 euros — Jolla's Love Day in Helsinki has already spilled some major news: pricing and specs for its first Sailfish OS handset. The phone seems to be called “The Other Half” — or at least that's the working title for now …
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The Verge, TechCrunch, PC World, Inquirer, Gizmodo, The Next Web, Electronista, Softpedia News, Unwired View, SlashGear and Ubergizmo
| New York Times: |
Chinese Hackers Resume Attacks on U.S. Targets — WASHINGTON — Three months after hackers working for a cyberunit of China's People's Liberation Army went silent amid evidence that they had stolen data from scores of American companies and government agencies, they appear to have resumed … | 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 … | 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.| 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:
Softpedia News
| 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.| 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 … Sponsor Posts
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