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May 20, 2013 10:53 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Py1sEa9vB7Y/story01.htm
Yahoo buysTumblr
Yahoo announced today that it is buying blogging site Tumblr for $1.1bn, mostly in cash. In the posting, Yahoo CEO Marissa Mayer made clear that the cooler, younger company would not be smothered by her firm's notorious corporate culture, under which many other purchases have withered and died. Im delighted to announce that weve reached [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/Py1sEa9vB7Y/story01.htm
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