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...]