Monday, May 20, 2013

Yahoo, is poised to create yet another nothing-to-riches tale in the web industr... via The Guardian's Facebook Wall by The Guardian on 5/20/13


via The Guardian's Facebook Wall by The Guardian on 5/20/13
Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (£720m) acquisition of the blogging site Tumblr:

http://gu.com/p/3gxx9/tw

The site was founded in 2007 by David Karp, then 21, in a bedroom in his mother's apartment in New York.

Photograph: Justin Sullivan/Getty Images

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