Yahoo Buying Tumblr For $1.1B
Yahoo’s new CEO says the company will spend more than a billion dollars to purchase online blogging site Tumblr.
Reports Say Yahoo Board Has Approved $1.1 Billion To Buy Tumblr Website
Sunnyvale Web portal Yahoo’s board of directors met Sunday and approved a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the Wall Street Journal.
Yahoo Reportedly Nearing $1.1B Acquisition Of Tumblr
Yahoo may be on the verge of closing its biggest acquisition under CEO Marissa Mayer, as she tries to attract more traffic and advertising to the Internet company’s website.
Canada Trying To Lure Silicon Valley Tech Workers
The Canadian government has launched an aggressive campaign to lure Silicon Valley tech workers frustrated by U.S. visa policies northward, just as Congress wrestles with a long-sought overhaul of America’s immigration system.
Analyst Projects California Revenue $3.2B Higher Than Governor
The state’s independent budget analyst says California will take in $3.2 billion more than Gov. Jerry Brown estimated, providing Democratic lawmakers the opportunity to increase spending.
California Unemployment Rate Drops To 9 Percent
The state’s Employment Development Department reported Friday that California’s jobless rate is at its lowest point since November 2008, nearly a year after the recession began.
New Operator To Take Control Of Struggling San Leandro Hospital
The Alameda Health System, formerly known as the Alameda County Medical Center, plans to take over San Leandro Hospital, officials confirmed this week.
Burlingame Restaurant Offers Lion Meat Amid Controversy
A restaurant on the Peninsula known for its exotic fare has caused a bit of an uproar over a new menu item. For foodies who are interested in the controversial dish, it does not come cheap.
Facebook CEO’s Political Group, Labor Spar Over Immigration Reform
To the U.S. technology industry, there’s a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. To unions and some Democrats, it’s more sinister.
Apple Says App Store Reaches 50 Billion Downloads
Apple said its customers have downloaded more than 50 billion applications from its App Store since its launch in 2008.
