Evolving Digital Social media

So they sold Tumblr to Yahoo for 1.1 Billion Dollars. One has to wonder if Yahoo, CEO Marissa Mayer, knows what she is  doing. Tumblr brought in about $13 Million. last year, at that rate it will take about 77 years to pay for itself. Tumblr doesn’t have any advertisement revenue and its users like it that way. http://staff.tumblr.com/post/50902268806/news http://abcnews.go.com/Technology/yahoo-buys-tumblr-social-network-service-11-billion/story?id=19215310#.UZuzr6KG14k http://www.nytimes.com/2013/05/20/technology/yahoo-to-buy-tumblr-for-1-1-billion.html?pagewanted=all&_r=0

About Liberty

Blogging is something I do for myself. I've been blogging since Sept. 2003, mostly about politics, guns, and observations about the word around me.
This entry was posted in Uncategorized. Bookmark the permalink.

1 Response to Evolving Digital Social media

  1. your friend says:

    Killing the competition before there is any? I seem to remember Facebook before advertisements ROFL!

Leave a Reply