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Yahoo acquires Tumblr for $1.1 billion
Yahoo and Tumblr announced that they have reached a definitive agreement for Yahoo! to acquire Tumblr. As per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. Total consideration ...

Ross Levinsohn named Interim CEO of Yahoo
Yahoo Inc. has named Ross Levinsohn as interim CEO replacing Scott Thompson. Levinsohn presently oversees Yahoo’s content and advertising services and now becomes the fourth person to head Yahoo in the last eight months. Yahoo hired Thompson, the former head ...
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