Yahoo Acquires Tumblr for $1.1 Billion

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Yahoo Acquires Tumblr for $1.1 Billion

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Yahoo Acquires Tumblr for $1.1 Billion

hulu videos 0:42 mins

Blogging platform Tumblr, which hosts more than 108 million blogs, was acquired by Yahoo for $1.1 billion. It joins the likes of YouTube and Instagram, which were also purchased for more than $1 billion.

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