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February 3, 2016 11:22 am -05
Yahoo had high hopes for Tumblr when it bought the blogging platform for $1.1 billion in 2013, but it hasn't lived up to its expectations. The troubled company has lowered its valuation to $760 million, down $230 million from its previous $990 millio...
Original Link: http://www.engadget.com/2016/02/03/tumblr-lower-valuation-yahoo/
Tumblr isn't doing as well as Yahoo expected
Yahoo had high hopes for Tumblr when it bought the blogging platform for $1.1 billion in 2013, but it hasn't lived up to its expectations. The troubled company has lowered its valuation to $760 million, down $230 million from its previous $990 millio...Original Link: http://www.engadget.com/2016/02/03/tumblr-lower-valuation-yahoo/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget