https://techcitement.com get excited Mon, 20 May 2013 15:23:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://techcitement.com/entertainment/comics/yahoo-purchases-tumblr-for-1-1-billion-promises-not-to-screw-it-up/ Mon, 20 May 2013 15:17:16 +0000 http://techcitement.com/?p=19614

In a press release sent out this morning, Yahoo! confirmed rumors that spread last week that it is indeed purchasing the microblogging and social network Tumblr. At a total of approximately $1.1 billion in cash, the buyout is expected to go through in the second half of this year. David Karp, Tumblr’s CEO who founded […]]]>