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Yahoo takes big leap with $1.1b deal for Tumblr

Agencies | Updated: 2013-05-21 11:13

Yahoo takes big leap with $1.1b deal for Tumblr

A combination photo shows Tumblr CEO David Karp (L), winner for best community website, speaking at the 16th annual Webby Awards in New York on May 21, 2012 and Marissa Mayer (R), President and CEO of Yahoo, arriving to meet with US President Barack Obama and other CEOs at the White House in Washington on Feb 5, 2013. [Photo/Agencies]

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