Yahoo! closes the purchase of Tumblr for 832 million euros
MADRID, 20 Jun. (Portaltic/EP) -
The CEO of Tumblr David Karp has confirmed on Thursday the closing of the acquisition of his social network by Yahoo! at the International Festival of Creativity in Cannes Lions in France. Tumblr will continue to maintain its identity and features as promised by Yahoo! CEO Marissa Mayer.
Yahoo!'s purchase of the microblogging network had previously been announced last May. However, it has not been until this Thursday that
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