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| | » Download Horizon |  | |  Yahoo acquires Tumblr for $1.1 billion | |
May 20, 2013 - 5:50 PM - by XboxMB News |  Quote: |
Yahoo just announced its acquisition of the hybrid popular blogging platform and social network Tumblr. The deal ended up with a price tag of about $1.1 billion, a big portion of which will come in the form of cash, validating earlier rumors as well as a Sunday report that Yahoo's board had given their approval for the deal to go forward. Tumblr will be operated as a separate business under Yahoo, and David Karp will remain its CEO.Tumblr is one of the most popular blogging platforms in the world with more than 300 million unique views every month and 900 new posts every second. The company also offers Yahoo a great way to revitalize its user base and expand its mobile ad efforts to a much larger audience. Marissa Mayer, Yahoo's CEO, commented on the deal:Tumblr is redefining creative expression online. On many levels, Tumblr and Yahoo! couldn’t be more different, but, at the same time, they couldn’t be more complementary. Yahoo is the Internet’s original media network. Tumblr is the Internet’s fastest-growing media frenzy. Both companies are homes for brands - established and emerging. And, fundamentally, Tumblr and Yahoo! are both all about users, design, and finding surprise and inspiration amidst the everyday.David Karp, CEO of Tumblr, addressed the Tumblr community:Our team isn’t changing. Our roadmap isn't changing. And our mission – to empower creators to make their best work and get it in front of the audience they deserve – certainly isn't changing. But we’re elated to have the support of Yahoo! and their team who share our dream to make the | | |
14 Replies | 181 Views | | UFC news scheduled for tomorrow's Xbox reveal event | |
May 20, 2013 - 5:50 PM - by XboxMB News |  Quote: |
EA Sports won't just show off next-gen FIFA tomorrow at Microsoft's Xbox reveal, but is also planning on punching out some details about its UFC game, which is not scheduled for release this year (as far as we know).EA obtained the rights to UFC games thanks to THQ's financial pains at the time, eventually passing to the great octagon beyond. The Xbox event is scheduled for tomorrow, May 21, at 1 p.m. ET (10 a.m. PT, 6 p.m. UK). Prepare yourself for some next-gen sweat tech.
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Source: thetechgame.com | |
0 Replies | 40 Views | | FIFA 14 goes next-gen in tomorrow's Xbox reveal event | |
May 20, 2013 - 5:30 PM - by XboxMB News |  Quote: |
The FIFA franchise will have a next-gen something to show off during Microsoft's Xbox reveal event tomorrow, according to the series' new Facebook cover image and event."RSVP if you're ready to hear about the next generation of FIFA," the event description reads. "Tune in to hear news on FIFA 14 during the worldwide livestream of Xbox: A New Generation Revealed."FIFA 14 comes out on PS3, Xbox 360 and PC – and not Wii U – this fall. Microsoft is gearing up for a large next-gen Xbox event tomorrow, May 21, at 10 a.m. PT. We'll have live coverage from the event in Redmond, Washington, and we'll also be reporting remotely – here's hoping things don't get too Messi.
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Source: thetechgame.com | |
0 Replies | 36 Views | | All times are GMT -5. The time now is 11:15 AM. | | | | | |
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