Yahoo Buys Tumblr for $1.1B in Cash | NBC Bay Area

Yahoo Buys Tumblr for $1.1B in Cash

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    Yahoo buys micro-blogging website Tumblr for $1.1B in cash. Yahoo! Ceo Marissa Mayer promises "not to screw it up." NBC Bay Area's Marla Tellez reports from Yahoo's Sunnyvale headquarters, and NBC Bay Area's Scott McGrew reports from Silicon Valley.