• Monday, May. 20, 2013
Yahoo Seeks Youth Demograpic In $1.1 Billion Deal For Tumblr
  • SAN FRANCISCO (AP)
  • --

Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.

The deal announced Monday represents Mayer's boldest move yet since she left Google 10 months ago to lead Yahoo's latest comeback...

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