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.
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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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