Description: Yahoo announced that it is acquiring Tumblr—a blogging network site—in a $1.1 billion deal. The deal amount seems too large to be recovered through advertisement revenues. Source: CBC Date: May 21 2013 Video link: http://www.cbc.ca/player/News/Business/ID/2386687850/ Questions for Discussion: Will Yahoo be able to recover the $1.1 billion it is spending to acquire Tumblr? Is … Continue reading Yahoo buys blogging network Tumblr for $1.1 billion