Yahoo! confirms Tumblr deal for $1.1B

Yahoo! announced Monday it would acquire blogging platform Tumblr for $1.1 billion, saying the two companies “share a vision to make the Internet the ultimate creative canvas.”

Yahoo! announced Monday it would acquire blogging platform Tumblr for $1.1 billion, saying the two companies “share a vision to make the Internet the ultimate creative canvas.”

Yahoo!’s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, The Wall Street Journal reported Sunday.

Microsoft said Tuesday it has sold more than 100 million licenses for the Windows 8 operating system launched six months ago, and will release an updated version later this year.

Yahoo! chief executive Marissa Mayer said in an interview released Wednesday she is pushing the Web giant’s focus to mobile, including getting its employees on smartphones.

Finnish mobile giant Nokia said on Wednesday it had filed lawsuits in the US, Britain and Canada against Blackberry-maker Research In Motion (RIM) claiming it has breached patent agreements.

Internet giant Google has warned it would exclude French media sites from its search results if France adopts a law forcing search engines to pay for content, in the latest confrontation with European governments.

Apple sent out invitations Tuesday for an event in exactly one week’s time where the company is widely expected to unveil a new “iPad Mini,” a smaller version of its market-leading tablet computer.

TOKYO—Japanese car giant Toyota on Wednesday unveiled a robotic best friend that can offer a helping hand around the house fetching and carrying for the elderly or immobile. The human support robot, a compact cylinder-shaped machine 37 centimeters (about 15 inches) in diameter and up to 130 centimeters tall, can be remotely controlled by [...]

Beleaguered telecom giant Nokia apologized on Thursday for a video demonstration that led viewers to believe it had been filmed with its new smartphone but was in fact made with other equipment.

Microsoft on Thursday unveiled a new corporate logo for the first time in 25 years as the US tech giant geared up for a series of big product launches.

Facebook’s latest figures showing growth in global users also highlights concerns that some may come from dubious sources – duplicate accounts, pages for pets and those designed for spam.

The popular international microblogging service Twitter crashed for around 30 minutes on Thursday, leaving millions of users without updates from friends, celebrities and news providers.

International ratings agency Moody’s on Monday downgraded the long-term debt of Nokia by two notches, to “Ba3″, cautioning the Finnish mobile phone giant would likely suffer even deeper than expected losses going forward.