Marissa Meyer

When Yahoo! Inc. (NASDAQ: YHOO) acquired Tumblr back in 2013, Tumblr was one of the hottest companies on the Internet. However, as Mashable’s Seth Fiegerman reported, Yahoo’s subsequent mismanagement of Tumblr has prevented the multimedia blogging site from coming close to its full...

With the blessing of its board on Sunday, Yahoo (NASDAQ: YHOO) acquired Tumblr, the trendy social network most popular among teens, at a favorable valuation of $1.1 billion. This means Marissa Meyer and company shelled out about a quarter of the company's cash on the chance that they can...