Yahoo buys tumblr

[xxMATTGxx]

I do like Tumblr and it's site to find images and gif's of your favourite things. It will be a shame if they changed it drastically and ruined it. We'll have to wait and see. Yahoo is one of those company's that reminds you of "Old times" as their services are pretty terrible. Although I do like Flickr but anything else seems to be crap compared to the alternatives out there.

---------- Post added 20-05-2013 at 08:47 PM ----------

Yahoo! Inc. (YHOO) and Tumblr announced today that they have reached a definitive agreement for Yahoo! to acquire Tumblr.

Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The product, service and brand will continue to be defined and developed separately with the same Tumblr irreverence, wit, and commitment to empower creators.

With more than 300 million monthly unique visitors and 120,000 signups every day, Tumblr is one of the fastest-growing media networks in the world. Tumblr sees 900 posts per second (!) and 24 billion minutes spent on site each month. On mobile, more than half of Tumblr’s users are using the mobile app and do an average of 7 sessions per day. Its tremendous popularity and engagement among creators, curators and audiences of all ages brings a significant new community of users to the Yahoo! network. The combination of Tumblr+Yahoo! is expected to grow Yahoo!’s audience by 50 percent to more than a billion monthly visitors, and to grow traffic by approximately 20 percent.

You can read the full thing at: http://finance.yahoo.com/news/yahoo-...120000116.html