It’s official folks: Yahoo will be buying tumblr for $1.1 bilion(£725 million)! However, Marissa Mayer(CEO of Yahoo) has stated that Tumblr will still keep its branding even though it is going to be part of the family.
This is quite an interesting move by Yahoo. Tumblr is quite a popular platform and has created a whole genre called tumblogs. I am not giving any ideas to anyone, but there is a good chance that Yahoo might try to make tumblr into a free service which gives you premium services(e.g. bigger media uploads) for a small fee.