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Monday, 20 May 2013
Social Media In an Uproar Over Yahoo's Rumored Tumblr Acquisition
Monday, 20 May 2013 by Muhammad Ifzal
Social Media In an Uproar Over Yahoo's Rumored Tumblr Acquisition
Reports have recently surfaced that Yahoo's board of directors has approved a $1.1 billion acquisition of Tumblr. While Tumblr and Yahoo have yet to release official statements about the acquisition, the Internet — mainly Tumblr's younger skewed users — has already had a strong reaction to the potential purchase.
Several users on Tumblr and Twitter are making claims of this being "the end" to the blogging platform, or are feeling betrayed by Tumblr CEO David Karp. Many are also expressing fears of Tumblr going the way of Flickr, a previousacquisition of Yahoo, or even making dramatic statements that Yahoo is tearing apart the Tumblr family.
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