Yahoo: woos the pioneer of blogs, can agree to 1 billion - the Italian Stock Exchange

Into (Il Sole 24 Ore Thomson Financial) – New York, May 17 – Yahoo, and ‘hunting for an investment and look at Tumblr, the microblogging platform and social networking site. According to rumors reported by All Things Digital, the company ‘in Sunnyvale, California, is considering a possible collaboration or acquisition. Any Agreement may ‘be up to a billion dollars, about 25% more’ than the assessment of Tumblr. Other American media, for example Forbes, also point out that Facebook and Microsoft could enter the game, presenting themselves on offer. In the past David Karp, CEO of Tumblr, was skeptical about the possibility ‘of “being absorbed by a giant, and be deprived of traffic a nd talent,” but it may now have changed my mind.

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Into (RADIOCOR) 17-05-13 17:27:47 (0333) 5 NNNN