A person with direct knowledge of Hulu says the video site is again up for sale, with Yahoo and pay TV operators DirecTV and Time Warner Cable among the seven bidders.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet pioneer that had fallen behind the times.
t’s one thing to say tech geniuses don’t need degrees. After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college. But now we’ve got David Karp, who doesn’t even have a high school diploma. Karp, 26, founded Tumblr, the online blogging forum, and sold it to Yahoo for $1.1 billion.
As a teenager, Tumblr CEO David Karp would canvass the streets of New York City’s Upper West Side, offering to build websites for local businesses. After his freshman year of high school, the precocious, computer-savvy kid decided to drop out altogether to devote more time to his passion for technology.
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 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.
The Bay Area Super Bowl Committee will travel to Boston next week to personally present their bid for the 50th installment of the big game and they’re getting pledges from Google, Apple, Gap, Intel and Yahoo in order to seal the deal.
The Recording Industry Association of America is expanding its gold and platinum certification program to include song streams from Yahoo!, Spotify & YouTube on the Internet…
Yahoo’s latest slate of original programming is led by Ed Helms as a 4-inch-tall crime fighter. “Tiny Commando,” created by the “The Office” star, was unveiled Monday night in a presentation by Yahoo to advertisers in New York.
Yahoo is taking the next step in its effort to make some of its most popular services more appealing and accessible to the growing audience connecting to the Internet on smartphones and tablets.