Yahoo $1bn swoop for Tumblr 'signals a new dot-com frenzy'

Gideon Spanier
May 2013
Evening Standard;5/20/2013, p42
YAHOO'S decision to buy social networking site Tumblr for a reported $1.1 billion (£725 million) shows the valuation of hot internet start-ups is soaring in a new dot-com frenzy, analysts say.


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