May 2013
Anonymous asked: Gist of everything: Yahoo bought Tumblr because tumblr was becoming way too expensive to operate, so Karp sold tumblr to Yahoo for $1.1 billion. Nothing is changing, except for the legal owners of tumblr. Karp will still operate tumblr as an independent company, the terms of service aren't changing, it's just a bit of legal stuff.
4 tags
did yahoo seriously buy tumblr or is this a joke
