Yahoo! Inc
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Blu Putnam, chief economist at CME Group, talks to CNBC about how defensible or otherwise social network business models are.
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eBay fell$. 55 or 1.0 percent, to $54.40. Google fell $17.55 or 1.9 percent, to $889.42. Groupon Inc. rose$. 12 or 1.7 percent, to $7.26.
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May 22- Former Yahoo Inc executive Shashi Seth has joined Tribune Co to lead its digital ventures as the newspaper and broadcast company seeks new revenue sources.
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eBay rose$. 26 or. 5 percent, to $55.21. Yahoo rose$. 02 or. 1 percent, to $27.02. Zynga Inc. rose$. 02 or. 6 percent, to $3.47.
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eBay rose$. 48 or. 9 percent, to $55.43. Yahoo rose$. 06 or. 2 percent, to $27.06. Zynga Inc. rose$. 06 or 1.6 percent, to $3.51.
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Blu Putnam, chief economist at CME Group, talks to CNBC about how defensible or otherwise social network business models are.
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eBay fell $1.00 or 1.8 percent, to $54.95. Google fell $1.56 or. 2 percent, to $906.97. Groupon Inc. rose$. 16 or 2.3 percent, to $7.14.
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Apple CEO Tim Cook faces a tax battle in Congress; the devastating Oklahoma tornado could result in billions in damages; Jamie Dimon wins his battle against critical shareholders.
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Yahoo's acquisition of Tumblr was the biggest venture-backed exit of a New York-based company in the state's history.
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eBay fell$. 70 or 1.3 percent, to $55.25. Google fell $6.22 or. 7 percent, to $902.31. Groupon Inc. rose$. 27 or 3.9 percent, to $7.25.
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If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
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Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
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CNBC's Carl Quintanilla talks to Yahoo's Marissa Mayer about maintaining brand safety and generating advertising dollars after its Tumblr acquisition.
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eBay fell$. 31 or. 6 percent, to $55.64. Google fell $3.77 or. 4 percent, to $904.76. Groupon Inc. rose$. 09 or 1.3 percent, to $7.07.
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This is part of enhancing our growth story, said Marissa Mayer, CEO of Yahoo! on why her company acquired blogger website Tumblr for $1.1 billion. And, David Karp, CEO of Tumblr, explains how this "mission" provides an opportunity to serve "an incredibly creative community."
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WASHINGTON-- In another case of the Obama administration investigating classified information improperly disclosed to reporters, the government is prosecuting a State Department expert on North Korea in a probe that appears to step into uncharted territory _ by declaring that a journalist is committing a crime in disclosing leaked information.
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As investors and analysts size up Yahoo's latest $1.1 billion acquisition, it is worth reflecting on the GeoCities deal, which has many similarities, the NYT reports.
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SAN FRANCISCO, May 20- Yahoo Inc announced on Monday it would shell out $1.1 billion to buy blogging service Tumblr, in a bid to revitalize its brand and attract a younger generation of users.
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SAN FRANCISCO, May 20- Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal.
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Yahoo's latest investments are only the beginning of a longer journey, Mark Mahaney of RBC Capital Markets says.
