Techmeme
May 20, 2013, 11:00 AM

Top News

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.
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.
Kara Swisher / AllThingsD:
WordPress' Mullenweg Claims 72,000 Blog Posts Imported From Tumblr in Just One Hour on Sunday  —  Despite largely anecdotal media speculation, it's not clear how the acquisition of Tumblr by Yahoo for $1.1 billion will be greeted by users of the New York blogging service.
Nicholas Carlson / Business Insider:
Marissa Mayer Just Explained Yahoo's $1.1 Billion Tumblr Buy In Detail - Here's What We Learned  —  Yahoo is hosting a conference call to discuss its $1.1 billion acquisition of Tumblr.  We're taking live notes below.  —  Please follow SAI on Twitter and Facebook.  —  Join the conversation about this story »
Robin Wauters / The Next Web:
Done deal: Yahoo acquires Tumblr for “approximately $1.1 billion”, promises “not to screw it up”  —  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” …
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 …
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 …
Dan Seifert / The Verge:
Google Hangouts upgrade removes ability to host Google Voice calls on your computer  —  Google new Hangouts messaging service is quite impressive — it takes Google's old and neglected Talk service and upgrades it with always-on communication, support for images, video calling, and much more.
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.
Leena Rao / TechCrunch:
The Evolution Of Hacker News  —  The idea of a VC having its own news aggregator was a bit outlandish in 2007.  But Y Combinator was in an unusual position in those days anyway.  Startup incubators had been a highly visible part of the dot-com crash, and Silicon Valley was still skeptical of the concept nearly a decade later.
More: TechSpot

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