Yahoo's fascination with curation & talks of Tumblr acquisition
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.
