Yahoo has officially announced the purchase of Tumblr, this according to official statements released from both Yahoo CEO Marissa Mayer and Tumblr CEO and Founder David Karp. According to a press release Yahoo oddly promises not to “screw up”: “Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a … Continue reading Yahoo acquires Tumblr for $1.1 Billion