Definitely shocking news for everyone in the world. Tumblr, being a famous blog-post resharing site is acquired by Yahoo!, as the board approves the acquisition – $1.1 billion in cash! That amount of money is equivalent to RM3.32 billion.
Imagine that large of an amount being passed from your hands to another, all in one go. by a snap of a finger or a glace of an eye.
Yahoo!, being the main competitor of Google in the early days of the Internet has now gone through survival through their news, finance and many more, and they’re now no longer waiting to rise up again.
Tumblr on the other hand, has a large user base on sharing many pseudo-inspirational quotes, memes and even some funny random things from the Internet, are mostly of the bored or working lifestyle who seek to blog in a very short, maybe graphically like This Advertising Life. Shortly speaking, it’s something like a in-between of Twitter and Blogger/Wordpress.
With these two combined, who knows what they are going to bring to the world?
Via : The Verge
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