Spark Capital is located on Boston's swank Newbury Street. But in recent weeks it has taken up some very ritzy media real estate for the $450 million it raised in the first quarter of 2013 and its leading role in keeping Tumblr going long enough for
Tumblr's attraction is how easily it allows users to create their own web presence: they can go from zero to blogging in less than a minute, posting pictures and text effortlessly. Unlike Facebook, it is anonymous, yet has a powerful search engine for
For many users, Tumblr's independence and casual approach to generating revenue have been part of what made the site popular. For years, Tumblr founder David Karp resisted plastering ads on the site. But Yahoo, a public company, will face pressure to
Yahoo has now officially confirmed that it is buying blogging platform Tumblr for $1.1 billion mostly in cash, after reports on an impending deal first surfac..
Sources close to acquisition talks between Yahoo and Tumblr say the blogging platform feels that Yahoo's $1.1 billion offer is "too low" and vi..
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