It has been rumored lately that Yahoo CEO Marissa Mayer has been having talks with Tumblr CEO David Karp concerning a deal to buy Tumblr blogging platform for $1.1 billion.
Infact, the Wall Journal one Sunday made it known to the public that the deal has been sealed for the purchase.
It is expected that yahoo would hold an Event in New York city this Monday to announce this awesome news. We wish them the best anyway.
Yahoo To Buy Tumblr