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.
The KIS (Keep It Simple) principle applies to all facets of life and today, Yahoo’s CEO Marissa Mayer expressed her interest in reducing the number of mobile apps that the search engine giant currently offers. Today, Yahoo has approximately 81 different mobile apps available and each one serves a specific, finite purpose.
At their core, Yahoo and Google are both search companies and compete with one another and yet, even though this may be the case, there are always opportunities to collaborate. Today, a new partnership between the two companies was announced.
Yesterday, the search engine Yahoo decided to get into the browser game by launching their own browser. Known as Yahoo Axis, the new search browser was available for iOS devices, Macs and personal computers.