Yahoo! announced that it has acquired Tumblr for $1.1billion today. According to Tumblr's staff blog David Karp founder of Tumblr tells in his staff blog Everyone I'm elated to tell you that Tumblr will be joining Yahoo in the staff blog it says We're not turning purple. Our headquarters isn't moving. Our team isn't changing.
Several users on Twitter and Tumblr are claming that this is being "the end " to blogging platform. Karp will remain in charge of Tumblr according to news in NewYork with all its employees and continue operate its own brand. The Tech news FrinMash says Tumblr has more than 300 million unique users and and Yahoo has more than 700 million unique users.
Mayer said that she thinks Tumblr will expand Yahoo's audience by 50 percent which a total monthly visitors can be 1 billion Traffic expected to rise by 20 percent.
Image courtesy by telegraphy.co.uk