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May 20, 2013, 8:15 AM
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WeSmirchTop News
| 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:
Guardian, New York Times and SiliconANGLE
| 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:
ZDNet, PC Magazine, BuzzFeed, Forbes, Mercury News, TechSpot, Electronista, bizjournals and Businessweek. Tweets: @howardlindzon. See also Mediagazer
| 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:
Digiday, VentureBeat, Forbes, IntoMobile, NEWS.com.au and Valleywag. Tweets: @ldignan. See also Mediagazer
| 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 Saroff / Saroff's Place: |
More:
Telegraph, Business Insider, Danielle Morrill, International Business Times, Sydney Morning Herald, AdExchanger, Internet Evolution and memeburn
Tweets: @pkafka and @hunterwalk
Thanks:@joshconstine| 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 …
More:
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 … | 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 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, Fortune, AllThingsD, BBC, AllThingsD, TechCrunch, Engadget, Forbes, Ars Technica, Mashable, InfoWorld, Guardian, CNET, Forbes, GigaOM, The Verge, BuzzFeed, GeekWire, NYConvergence.com, NDTV Gadgets, AdExchanger, ReadWrite, ValueWalk, Daily Mail, SlashGear, Bloomberg, Danielle Morrill, ZDNet, PC World, Betabeat, Business Insider, TechnoBuffalo, Business Insider, Marketing Land, BuzzFeed, The Wrap, GigaOM, Forbes, The Next Web, ParisLemon and GigaOM
| 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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