David Karp has become the latest high school dropout turned twentysomething multimillionaire after selling his internet creation, Tumblr, to Yahoo for $1.1bn.
Yahoo's investments in Flickr and Tumblr are steps toward fixing gaps in its business, but it's only the beginning of a longer journey, Mark Mahaney of RBC Capital Markets says.
With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. Whether boon or a bust for Yahoo shareholders, the deal is a big test CEO Marissa Mayer.
Marissa Mayer: she's got style. First she buys Tumblr - which, OK, is one of those Big Corporate Acquisitions that gets everyone het up (if they're on Tumblr) or analysing the cash flow (if they're on Wall Street).
Warner Bros. Attempts to lure fans into pre-orders with promise of playable antagonist.
Sony set to showcase next-gen home console at the much-anticipated E3 expo.
Facebook CEO Mark Zuckerberg would have earned a slightly improved grade this year for his leadership of the social media company, Yale School of Management Senior Associate Dean Jeffrey Sonnenfeld says.
In the past few months several new names have come into the spotlight at Facebook. Here are a few of them...beyond the big three to watch.
Wall Street wasn't the only one who felt the pain when Facebook's IPO flopped last year.
Yahoo is trying really hard to be cool again and it's hoping that Tumblr can help.