Prepare yourself for an increase in ads, Tumblr Nation.
Tumblr CEO David Karp used an F-Bomb (in a good way) when alerting the world that Yahoo acquired his micro-blogging site.
How about that f-bomb in the Tumblr staff memo? CEO David Karp tells CNBC he wanted the community to know that “we’re still Tumblr.”
You can find all the highlights from the Marissa Mayer/David Karp interview here.
Tune into CNBC today at 10amET for a LIVE interview with Yahoo CEO Marissa Mayer and Tumblr CEO David Karp. Have a question about the new deal? Send a tweet to @SquawkStreet.
Speaking at an event in NYC, Yahoo CEO Marissa Mayer touted the Tumblr acquisition, but the big focus was Flickr, which will feature a new design and offer users 1 terabyte of space for free. “We want to make Flickr awesome again,” she said.
No Yahoo Severance for Scott Thompson
Scott Thompson won’t get severance compensation after leaving as Yahoo’s CEO in a scandal about his resume, according to a filing. The filing also said Yahoo agreed to appoint activist investor Daniel S. Loeb, Michael J. Wolf and Harry J. Wilson to the board, effective Wednesday.
Source: cnbc.com
Outgoing Yahoo Boss Told Board He Has Cancer
The outgoing chief executive of Yahoo told the board of directors and colleagues that he had been diagnosed with thyroid cancer days before quitting the post, the Wall Street Journal reported on Monday. Scott Thompson disclosed his illness late last week before handing in his resignation as evidence appeared to emerge that contradicted his claim that he wasn’t responsible for an error in his resume regarding his academic record, sources told the newspaper.
Related: Yahoo Names Levinsohn Interim CEO in Victory for Loeb
Source: cnbc.com
Yahoo Boardroom Shakeup: 4 Members Gone, Including Chair.
Yahoo Chairman Roy Bostock and three longtime board members are leaving the troubled Internet company.
Photo: Yahoo!
Source: cnbc.com
Yahoo Freezes Hiring, Considers Layoffs
The tech giant Yahoo has begun a hiring freeze and is mulling over layoffs days after its former CEO and co-founder Jerry Yang resigned from the company, AllThingsD reported on Thursday citing sources close to the situation.
Source: cnbc.com
Yahoo Co-Founder Jerry Yang Resigns From Struggling Firm
Yahoo co-founder and former CEO Jerry Yang resigned from the struggling Internet company on Tuesday.
Source: cnbc.com











