May 19, 2013
Yahoo in serious talks to buy Tumblr for $1.1+ billion

Yahoo is rumored to be in serious talks to buy the social blogging website tumblr.

Reports suggest that an offer of $1.1 billion all in cash was presented, and rumored to be deemed too low by tumblr.

tumblr is very popular amongst youth, but it also has a huge collection of NSFW material …. in other words a lot of Porn.

It’s still unclear what Yahoo intends to do with this property in case the deal is reached!

It’s worth noting that unlike Google, Yahoo does neither have a social network nor a blogging platform (360 was closed some years ago) .. so tumblr might seam a very good choice for a tech company who wants to get back in business!

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