Verizon correcting the mistakes of yesteryear with Tumblr sale
There are good acquisitions and bad acquisitions, and then there was the prolonged saga with Verizon acquiring Yahoo’s media assets.
Telecoms.com
Tumblr
Verizon continues quest to correct content car crash
The Verizon mission to conquer the content world has been anything but a smooth ride to date, and now it is reportedly searching for a buyer for Tumblr.
Yahoo bets farm on Tumblr acquisition
Internet firm Yahoo on Monday moved to acquire blogging platform Tumblr for $1.1bn in cash. In some ways this is a last ditch attempt to keep Yahoo relevant and CEO Marissa Meyer made a promise during the announcement “not to screw it up.”
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