Tumblr News

Like a freight train coming closer, that ominous rumbling sound you hear is not another F5 tornado in the works, although it is likely to wipe out just as much wealth in the long run as the tornado that hit Moore, Oklahoma, and environs.

PHD has teamed up with the Cannes Lions International Festival of Creativity to devise a version of its gamification app for this year's event.

Yahoo's $1.1 billion planned purchase of blogging site Tumblr is the largest exit of a pre-public venture-backed New York-based company The surging popularity of bitcoin has some brand-name venture capitalists investing real money in the controversial virtual currency.

Sources: ESPN Laying Off Hundreds ESPN laid off a portion of its staff Tuesday, a network spokesman confirmed to us.

Plus fast charging for batteries, tax row grows, why solar costs aren't falling, Dropbox v Google Drive v Skydrive, and more Chinese hackers who breached Google's servers several years ago gained access to a sensitive database with years' worth of information about US surveillance targets, according to current and former government officials.

Ken Ackerman stands in front of his mobile home on Wednesday, May 22, 2013, in Novato, Calif.

Yahoo on Monday announced it had acquired Tumblr for $1.1 billion. A mentor to Tumblr creator and founder David Karp reveals new details about the formation of the platform and the genesis of the visionary entrepreneur.

There's something addictive about looking at, and in some cases loathing, what rich kids decide to share on Instagram.

Tumblr Inc.'s $1.1 billion purchase by Yahoo! Inc. returned $192 million to its two biggest venture backers, a person familiar with the matter said, disputing an estimate by research firm PrivCo.

We can't settle iPhone vs. Android or "Star Wars" vs. "Star Trek" for you. But another long-running geek debate was put to rest Tuesday night.

Late last night, Flickr unveiled probably its biggest ever redesign , with a new look for many sections of its web site.

As Marissa Mayer stood with David Karp to announce Yahoo's acquisition of Tumblr on Monday, you couldn't help but notice the vast educational divide between the two principals.

Yahoo Chief Executive Marissa Mayer speaks at a news conference in New York May 20, 2013.

Yahoo's chief executive is making a US$1.1 billion bet on the online blogging forum Tumblr as Marissa Mayer tries to make a former internet icon cool again.

Yahoo CEO Marrissa Mayer speaks during a news conference Monday, May 20, 2013, in New York.

The acquisition cost Yahoo $1.1 billion, "substantially all of which is payable in cash." " We're not turning purple .

Tumblr founder David Karp, shown speaking at the TechCrunch Disrupt NYCconference in New York last year, is the latest tech founder to strike it rich.

's acquisition of Tumblr, but the fact that Tumblr could not cash in on native advertising should not be lost in the noise.

With Yahoo!'s announced acquisition of social media platform Tumblr for $1.1 billion, Tumblr founder David Karp has yielded another significant windfall for the 26-year-old tech entrepreneur .

After all, Bill Gates, Steve Jobs and Mark Zuckerberg all dropped out of college.