Yahoo's Tumblr Buyout Has Us Tumbling Over!

main
This past week, news had been swirling over whether Yahoo and Tumblr were in talks for a buyout, and now it's officially confirmed that the Web giant has indeed claimed the much-beloved blogging site. Our go-to destination for hilarious GIFs, like Whilst In S.F., has pocketed a cool $1.1 billion in order for Yahoo to take ownership — not bad for a site that (only) makes $13.3 million in revenue each year.
Advertisement
While Tumblr's CEO and founder David Karp will keep running the site — he's locked in to a four-year contract — the question remains as to how the interface will change once Marissa Mayer gets her hands on it. (Get ready to see some ads popping up between those cat memes, devoted Tumblrs!) To prove she's in-tune with the Tumblr scene, Mayer posted her very own animated GIF to commemorate the new partnership. So, we're dying to know: Does the buyout have you stoked for what's to come, or were you as shocked as a Surprised Patrick Star? Holler at us in the comments! (Business Insider)
Photo: Via Facebook/Tumblr
Advertisement

More from Tech

It's become almost second nature for a celeb to have some sort of side hustle. Why just make money acting when you can also release a perfume or found a ...
Remember when dorm drama just meant your roommate eating the last of your Oreos without asking, or talking on the phone too loudly while you were trying ...
Chrissy Teigen, the model turned TV host turned cookbook author, has amassed Twitter, Instagram, and Snapchat followings in the millions. The secret to ...
GENERATION STARTUP presents Women In Tech, an episode of an exclusive web series with footage left on the cutting room floor. The feature documentary ...
A Google search for "mooning" pulls up expected results: some news articles about protestors pulling down their pants, and the formal dictionary definition...
Pokémon Go was this year's biggest app sensation. Within 24 hours of its launch, the game became a mega hit and has since seen users walking billions of ...
For the second time this month, earthlings of the Western Hemisphere will experience a special event involving our moon. Earlier this month, we got our ...
(Paid Content) Refinery29 is now on Versy, a messaging and content-sharing app made for busy people like us
If you want to look up information about your favorite celebrities, your first instinct is probably to google them. But depending on who you're curious ...
Complaining today is much easier than it used to be. Lost luggage, bad service, extra charges, broken products — you used to have to put a letter in the ...
It's Google's 18th birthday which means it can finally see all the porn it serves up
Tonight marks the first of three presidential debates between candidates Hillary Clinton and Donald Trump. Because of the debate's close proximity to New...
The American Civil Liberties Union (ACLU) developed a phone app that will assist you in recording and reporting police conduct. The app, Mobile Justice, ...
If you aren't registered to vote, don't panic. As a matter of fact, thanks to Snapchat, you can now do it in just one minute, reports Time. The social-...