With the acquisition of Tumblr by Yahoo now done, the question remains, just how will customers react. For its part, Yahoo has gone on the record to try and alleviate any fears by saying that Tumblr will remain independent and that there will be no change to their CEO.
It’s a done deal. In an official announcement that has been made, Yahoo has confirmed that they have purchased Tumblr for the princely sum of $1.1 billion. This time, the purchase wasn’t a combination of both stock options and cash, but this was an all cash deal.
It appears that Google is going to be quite busy with their Google Glass for the next few months. While Google Glass has been released to just a select group of testers, the official release of Google Glass to the public isn’t expected to take place until next year.
The launch of Microsoft resulted in Bill Gates becoming one of the wealthiest men in the world and in fact, he was the richest man in the world for quite some time. However, these days, Gates has placed a high importance on his charity work and over time, he lost the title of the richest [...]