Yahoo's latest investments are only the beginning of a longer journey, Mark Mahaney of RBC Capital Markets says.» Read More
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.
SAN FRANCISCO, May 20- Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal.
Yahoo's latest investments are only the beginning of a longer journey, Mark Mahaney of RBC Capital Markets says.
eBay fell$. 76 or 1.3 percent, to $55.95. Google fell$. 65 or. 1 percent, to $908.53. Groupon Inc. rose$. 01 or. 1 percent, to $6.98.
What would you do with $590 million – here’s how Jim Cramer would invest it!
Plunking down $1.1 billion for blogging platform Tumblr was the easy part. Now Yahoo has to live up to its pledge "not to screw it up." NBC News outlines the challenges.
In the wake of Yahoo's announcement on Monday that it's snapping up Tumblr for $1.1 billion, the attention has shifted to which companies could be next.
Yahoo's bold bet on blogging site Tumblr for $1.1 billion in cash, Dallas Fed President Richard Fisher gives CNBC his views on easing, SAC Capital talks with government fall apart.
Stocks closed slightly lower in choppy trading Monday, pulling back after the Dow and S&P 500 hit fresh all-time highs and amid ongoing worries that the Federal Reserve may taper its bond-purchase program.
What Yahoo gets out of the Tumblr buy, with CNBC's Jon Fortt; and Alyson Shontell, Business Insider and Larry Fishelson, Dynalink Communications, discuss how the market is reacting to the deal.
David Karp stands to make more than $200 million on the sale of his Tumblr blogging site to Yahoo. But his father tells CNBC that money doesn’t motivate the young entrepreneur.
*Yahoo's board approves $1.1 bln Tumblr acquisition. NEW YORK, May 20- U.S. stocks slipped by afternoon trade on Monday as indexes struggled to break above their record levels with investors hesitant to rush into the market.
David Karp's Tumblr was acquired by Yahoo.com for $1.1 billion, with CNBC's Robert Frank; and CNBC's Julia Boorstin and John Herman, BuzzFeed tech editor, discuss which companies might be next in line.
Yahoo is buying Tumblr for $1.1 billion, and wealthy households in France paid more than 100 percent of their income in taxes in 2012. CNBC's Robert Frank and John Carney discuss.
With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
Yahoo's $1.1 billion acquisition of Tumblr may have been too expensive, Porter Bibb says.
The Yahoo board approved an acquisition of Tumblr for $1.1 billion, reports CNBC's Seema Mody.
Cisco Systems Inc. fell 2.0 percent to $23.76 with 29,194,000 shares traded. Facebook Inc. fell 1.7 percent to $25.80 with 26,942,000 shares traded. Intel Corp. rose. 2 percent to $24.08 with 16,610,500 shares traded.
eBay fell$. 36 or. 6 percent, to $56.35. Google rose $2.56 or. 3 percent, to $911.74. Groupon Inc. rose$. 03 or. 4 percent, to $7.00.
CNBC's Jon Fortt and Julia Boorstin discuss the big deal between Yahoo and Tumblr, and what other companies are for sale.