Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp. and Walt Disney.» Read More
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.
Yahoo's acquisition of Tumblr was the biggest venture-backed exit of a New York-based company in the state's history.
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.
If Facebook wanted to buy Tumblr, it would have bought Tumblr. But Tumblr has a mobile problem.
Yahoo CEO Marissa Mayer tells CNBC the $1.1 billion deal for Tumblr is "part of enhancing our growth story" and the company will remain independent, even under Yahoo's ownership.
CNBC's Carl Quintanilla talks to Yahoo's Marissa Mayer about maintaining brand safety and generating advertising dollars after its Tumblr acquisition.
eBay fell$. 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.
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."
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.
Some of the names on the move ahead of the open.
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.
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!
Investors are asking how Yahoo plans to make money off Tumblr's users—who want reassurance the grown-ups won't spoil the fun.
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.