Get Ready for Tumblr to Suck: Yahoo in rumoured $1.1bn bid to buy Tumblr. Marissa Mayer, the former Google executive who is now in charge of Yahoo, is poised to create yet another nothing-to-riches tale in the web industry with the $1.1bn (£720m) acquisition of the blogging site Tumblr. Mayer called Yahoo’s board...
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