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Posts Tagged ‘ Tumblr ’

Yahoo’s rise in Asia offsets risk from Tumblr bet

Tuesday, May 21, 2013 | More »

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Yahoo Inc chief executive Marissa Mayer’s $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of challenges in her efforts to turn six-year-old Tumblr int...

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Yahoo to acquire Tumblr for $1.1B in cash

Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue. The deal, which will use about a fifth of Yahoo’s ...

20 May, 2013 | More »

Tumblr & Flipboard Investor Picks 49% In Endemol India, Co-invests In Only Much Louder

CA Media has struck twin deals in the country by picking 49 per cent in content production company Endemol India for an undisclosed amount and co-investing with digital media firm Zodius in Only Much Louder (OML), a live events, music and youth media company. CA Media is the Asian investment arm of ...

27 April, 2012 | More »

Blessed Are The Online Tastemakers

To have good taste, George Bernard Shaw once suggested, is to lack originality. If so, then it has never been easier to show off your good taste online. A group of fast-growing websites, led by companies such as Twitter, Tumblr and Pinterest, is benefiting from what has become one of the most preval...

15 March, 2012 | More »

Blog Platform Tumblr Wins $85M In Financing

Blogging platform Tumblr raised $85 million in a venture capital funding round led by Greylock Partners and Insight Venture Partners, plus the Chernin Group and Sir Richard Branson. New York-based Tumblr does not have much revenue to speak of, but its investors say they are confident the company wil...

27 September, 2011 | More »

Tumblr Close To Raising Up To $100 Million

The blogging service Tumblr is close to raising $75-$100 million in venture capital, implying a market value of $800 million, the Wall Street Journal reported, citing people familiar with the matter. Greylock Partners, whose portfolio companies include daily deals company Groupon and bed-for-rent s...

26 August, 2011 | More »