Tumblr

Yahoo has written down the value of Tumblr by $230 million, yet another misfire by CEO Marissa Mayer.

The company responds

Tumblr's creative director and one of its first employees has left the company following its acquisition by Yahoo

After $1.1 billion acquisition

Is still very likely to be acquired

Would be $1.1 billion in cash

Could cost $1 billion

With the new release of Apple's iOS 6 mobile operating system, the company moved away from Google Maps to add their own Maps app.
The app ......

Perfect 10, the adult publisher, has sued microblogging service Tumblr over alleged piracy.
The adult company is infamous for its attempts ......

The microblogging and picture sharing platform has hit its latest milestone, 10 billion posts.
Tumblr says the service now hosts 28 million ......