Is Yahoo Trying to Acquire Tumblr?
All Things D reports that Yahoo is trying to get its cool on with a potential Tumblr acquisition:
Earlier this week, Yahoo CFO Ken Goldman spoke at JP Morgan’s Global Technology conference and underscored the need for the aging Silicon Valley Internet giant to attract more users from the coveted 18-to-24-years-old age bracket. Along with more marketing, he explicitly said Yahoo needed to be “cool again.” …According to sources close to the situation, that could mean a strategic alliance and investment in or outright buy of perhaps the coolest Internet company of late: Tumblr.
Adweek follows up saying a deal could be done by this weekend, adding:
Such an acquisition could be just what CEO [Marissa] Mayer has been looking for to turn around Yahoo’s momentum; Tumblr has the potential to excite the engineering/Silicon Valley community (even though it’s based in New York) while recapturing the imagination of advertisers, who have grown to view Yahoo as big but stale.
While its revenue is modest, Tumblr has positioned itself as one of the few players in the digital ad world that is well suited for brand advertising. And Tumblr is also the domain of the young, cool and creative crowd—not currently a Yahoo sweet spot.
From Tumblr’s point of view, the deal also would seem to make a lot of sense. The company has been looking to make a big exit to justify its huge valuation.
Over at GigaOm, Om Malik suggests Facebook might try to swoop in on a deal.:
We have heard that Yahoo is worried that Facebook could swoop in at the last minute and beat it to the buzzer. If the Instagram acquisition was any indication, then we shouldn’t doubt [Mark] Zuckerberg’s salesmanship. [Tumblr’s David] Karp is said to have a close relationship with Facebook and was recently spotted at the Facebook Home launch. Facebook could use the much needed younger 18-to-24 year old demographic, something it (successfully) tried to acquire with Instagram. A Facebook spokesperson declined to comment.
Word of warning via 37signals: What happens after Yahoo acquires you:
Whether it’s Flickr, Delicious, MyBlogLog, or Upcoming, the post-purchase story is a similar one. Both sides talk about all the wonderful things they will do together. Then reality sets in. They get bogged down trying to overcome integration obstacles, endless meetings, and stifling bureaucracy. The products slow down or stop moving forward entirely. Once they hit the two-year mark and are free to leave, the founders take off. The sites are left to flounder or ride into the sunset. And customers are left holding the bag.
With cicadas set to emerge from the ground this year after a 17-year sleep, WNBC TV here in New York City did something neat: they followed up on a couple they had interviewed during the last great cicada invasion in 1996. Then they went a step further and dug up a news piece from 1979 on the same issue. From the ridiculous Star Trek-inspired set to the sit-down stand-up by the correspondent, this segment is a real blast from the TV news past.
Yahoo is in serious talks with Tumblr to acquire the social blogging site, according to multiple sources familiar with the talks. The deal is not done, but could reach as high as $1 billion, Adweek has learned. Allthingsd.com was first to report on the talks between the two companies.
May 17, 1954: The Supreme Court Rules on Brown v. Board of Education
On this day in 1954, the U.S. Supreme Court ruled unanimously that racial segregation in public schools violated the Fourteenth Amendment to the Constitution, which says that no state may deny equal protection of the laws to any person within its jurisdiction.
Although the decision did not succeed in fully desegregating public education in the United States, it put the Constitution on the side of racial equality and galvanized the nascent civil rights movement into a full revolution.
Can you name all the key players behind Brown v. Board of Education? Revisit the landmark case with PBS’ The Supreme Court site.
School integration, Barnard School, Washington, D.C., 1955 (Library of Congress).
A large study of 30,000 people in Copenhagen over 14 years found that those who biked to work lowered their risk of death by 40 percent compared to sedentary people. And in the short term, another study of 100 people in Perth, Australia, who replaced some car commutes with bike trips over the course of a year, found the bicycling improved aerobic fitness, cholesterol numbers, and lowered the risk of heart attacks and strokes.
That seems pretty straightforward. But what about the risk of getting crushed by a trash truck? Anyone who’s bicycled even a little bit knows all too well the fear of an encounter with a motor vehicle. Just yesterday the Washington Post reported on a 20-year-old bicyclist who was critically injured after being hit by a car in downtown D.C.
Photo: John Rose/NPR
This has gone on long enough, something needs to be said. I can’t stand how GIF creators unnecessarily tweak the color palette of shows and movies. The filmmaker did not intend for it to look that way. I get that you’re trying to remix the original content and make an artistic expression. But, to me, it’s obnoxious. Why doesn’t anyone talk about this?