Archives Tag: David Karp

BUSINESS TECH

Yahoo! Buys Tumblr for $1.1 Billion, Keeps 26-Year Old Founder, David Karp, as CEO

April 19, 2022

“I’m delighted to announce that we’ve reached an agreement to acquire Tumblr,” Marissa Mayer, the CEO of Yahoo, said in a blogpost today. “We promise not to screw it up.  Tumblr is incredibly special and has a great thing going.  We will operate Tumblr independently.  David Karp will remain CEO.  The product roadmap, their team, … Continue reading Yahoo! Buys Tumblr for $1.1 Billion, Keeps 26-Year Old Founder, David Karp, as CEO

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