On the heels of Yahoo's acquisition of news summarization startup, Summly, there are now talks of Yahoo acquiring Tumblr.
Yahoo CEO Marissa Mayer is said to be closing in on a $1 billion acquisition deal with David Karp, the CEO of New York-based Tumblr.
This time though the deal will not be for $30M, but rather $1B. Though Tumblr can be used for posting original content, it's often used for curating images and text abstracts from third-party sources. Does this new acquisition hint at bigger plans for Yahoo to incorporate curation into their offerings? After all, Yahoo started as a curated directory of links to begin with.