Comments for: Yahoo board OKs $1.1 billion deal to buy Tumblr

Posted May 19, 2013, at 7:21 p.m.
Last modified May 20, 2013, at 6:31 a.m.

SAN JOSE, Calif. — Yahoo’s board of directors has reportedly approved a $1.1 billion purchase of the popular blogging site Tumblr, Yahoo chief executive Marissa Mayer’s boldest move to date to revitalize the struggling Internet giant. Six-year-old Tumblr has little revenue but a growing audience of young Internet users, which …

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