Saturday, May 18, 2013

Yahoo Wants To Buy Everyone, Tumblr Edition

Screen Shot 2013-05-16 at 10.41.51 PMThe first rule of being cool is not telling people you want to be cool. Yahoo is not following this rule, with its M&A team in full pray-and-spray?acquisition?mode post-Marissa Mayer hire, hitting on everything that walks, or at least has traction. Deals I have heard rumors Yahoo was trying to get into over the past couple of months: Foursquare (at an $800 million asking price). Path (at a $2 billion asking price). Pinterest. Hulu. Zynga.?Daily Motion. And at a smaller scale: Gdgt. Wavii. Media Ocean (?). A spate of others. And now Tumblr. "Literally they talk to everyone," said one person familiar with the matter on the matter.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/r9gXVQEQL6c/

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