Top Tech Stories of the Day: Yahoo Completes Blockbuster $1.1 Billion Tumblr Acquisition

Wochit
Exactly one month after announcing plans to acquire microblogging platform Tumblr for $1.1 billion, Yahoo has closed the deal. The Internet giant just announced that it officially owns Tumblr. Microsoft has caved to the hordes of angry gamers who have been loudly complaining about its policies for used games and connectivity requirements for its upcoming Xbox One console. Despite numerous reports suggesting Apple's second-generation iPad mini will ship later this year with a Retina display, one industry watcher believes the Retina-equipped version of Apple's latest tablet won't launch until sometime in 2014
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