Yahoo announced a $1.1 billion deal for blogging site Tumblr early Monday, and said it “promises not to screw it up.”
June 13, 2017
Verizon completes its $4.48 billion acquisition of Yahoo; Marissa Mayer leaves with $23 million. Verizon says it has completed its $4.48 billion acquisition of Yahoo. The assets acquired from Yahoo will be combined with AOL brands under a new subsidiary called Oath, headed by former AOL CEO Tim Armstrong.Jun 13, 2017