Yahoo!’s Billion Dollar Tumblr Acquisition: Everything you need to know

By now you’ve more than heard about Yahoo’s massive $1.1 billion acquisition of Tumblr. The deal is done, another Internet entrepreneur and early employees become multimillionaires, Marissa Mayer’s Yahoo earns a new shot at digital relevance, and hundreds of millions of Tumblr users go about their Tumbling life as if it were just another day. There must be more to the story...and there is. The questions on the minds of financial and technology experts are: Why did Yahoo do this, how does … [Read more...]

Facebook Files S-1 for $5 Billion IPO

by Brian Solis, principal analyst Just a few moments ago, Facebook officially filed an S-1  for an initial public offering seeking to raise $5 billion. Here are a few key findings… - 845 million monthly active users, year over year growth of 39% - 483 million daily active users as of December, year over year growth of 48% - 425 million monthly mobile users - 100 billion friend connections as of December 31, 2011 - 2.7 billion Likes and comments per day during the last quarter … [Read more...]