Yahoo spends a cool $1.1 billion in cash

[Theo]

Most expensive repository of pr0n, ever!

 

[Gerry]

I was surprised by this sale and sale price.

 

[Theo]

It's been rumored for days now, today it was made official. There'd be no way they'd refuse such an offer.

 

[simon johnson]

Tumblr? Reminds me of Geocities (a digital wasteland) of cat pictures, thinspo and teenage ramblings. Yahoo should have spent $1.1B+ on Pinterest (maybe they tried).

 

[amplify]

Yahoo continuously makes poor investment choices or acquisitions.

 

[katherine]

Tumblr doesn't sound like a great Investmnt to me but what do I know.

 

[amplify]

Tumblr doesn't sound like a great Investmnt to me but what do I know.

If they had bigger market share in social networking, it would be to their advantage. Though they don't, and will let down their share/stakeholders with this one IMO.