Monday, May 20, 2013
Technology Article
Yahoo!’s CEO Marissa Mayer has offered $1 billion to buy the social networking site Tumblr off of David Karp. Mayer is interested in Tumblr because of it’s 107 million microblogs that will add around another 15 billion page views a month to Mayer. It would also help in making Yahoo! seem “cool” again. Karp has been very successful in last few months with Tumblr and has just been growing. It is up to him whether he believes that Tumblr is good on its own, or if it needs Mayor’s helping hand to grow. A $1 billion price tag would make Tumblr the biggest purchase since Facebook bought Instagram last year.
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