Yahoo to Buy Tumblr for $1.1 Billion in Cash

The former leading search engine in the world, Yahoo!, through their board has approved a deal to purchase, Tumblr, one of the fastest growing blogging platform, for an enormous $1.1 billion in cash. The Wall Street Journal reported on Sunday that if the deal would push through, it could be the largest acquisition by Yahoo! … Read more

Yahoo Acquired Alike Location Discovery App

Alike App

Former king of internet portal, Yahoo has acquired Alike, a location-discovery app, for an undisclosed sum as part of its continued push into mobile under their new CEO Marissa Mayer, the former Google executive. The announcement of Alike’s acquisition was announced on Tuesday the company, Alike confirming that they will join the Yahoo Mobile team. … Read more