Yahoo’s board agrees to $1.1 billion acquisition of Tumblr

Yahoo's board agrees to $1.1 billion acquisition of TumblrAs expected, Yahoo’s board has agreed to purchase hosting site Tumblr for $1.1 billion. The deal makes Tumblr a major part of a new plan by Yahoo CEO Marissa Mayer to make Yahoo hip and relevant to those who are, well, hip and relevant. Despite rumors that Microsoft and Facebook were interested in Tumblr, there were no competing bids for the board to consider although the approval by Yahoo’s board doesn’t preclude another bid from coming.

Yahoo has scheduled a press event for Monday at which time it is expected to announce the deal as well as an update to social picture sharing site Flickr. We will be updating this story throughout the day as new information comes in.

Creators of this Meme invited to the State Department !

A Tumblr account entitled “Texts From Hillary” and featuring faux texts to and from Secretary of State and no-nonsense taskmaster Hillary Clinton is a must-see.

The premise is simple: An actual, recent photo of Clinton on her phone and looking incredibly bad ass is blended with political humor and hilarious text-speak.

Friends Adam Smith and Stacy Lambe, both communications professionals based in Washington, D.C., created the Tumblr account that went viral this month.

With gems like this, it’s easy to see why …


It turns out that Clinton, the country’s top diplomat, is a big fan after hearing about it – and invited the creators of the meme to the State Department!

“It was great. She came out, she was all smiles, told us how much she likes the site and that people have been telling her all about it,” Smith said.

“She thinks it’s hilarious. It just captured this wonderful image of Hillary.”

“You definitely could tell she was in charge. You could tell she was getting stuff done there was just no question that this woman was a total badass.”