Rumor Alert: Yahoo Is Buying Tumblr for a Billion?

Yahoo has a problem: it has no idea what it's doing, or how it's going to do it (outside of teenage dream hires). Some people who claim intimate knowledge say the company is going to do it by throwing a serious Hail Mary in its quest for cool: buying Tumblr for $1,000,000,000. That's one billion.

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Source: http://feeds.gawker.com/~r/gizmodo/full/~3/e9fuEq2LTYU/rumor-alert-yahoo-is-buying-tumblr-for-a-billion-507915558

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