Yahoo Buys Tumblr
Date: May 19
If you listened closely on May 19, you could hear the screams of millions of teens and young adults as Yahoo purchased the beloved blogging site, Tumblr, for $1.1 Billion dollars. This acquisition was Yahoo CEO Marissa Mayer's first step into reaching a younger demographic and an attempt to revamp Yahoo's image and assets. Tumblr fans panicked, predicting that the new ownership would change every awesome thing they love about the platform. As avid Tumblerers, we pray that's not true.