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Yahoo Deal Shows Power Shift
Wall Street Journal Yahoo Inc. has agreed to pay $ 1.1 billion for Tumblr, a six-year-old company with more than 100 million users but very little revenue, a deal that highlights the shifting balance of power in the technology business. Yahoo Is Planning to Buy Tumblr for $ 1.1 Billion 5 Reasons Tumblr + Yahoo is Good For Users Tumblr: Yahoo's reported $ 1B bid to be cool |