Yahoo 'to buy Tumblr for $1.1bn'

Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m; 857m euros), US media reports say. The acquisition is expected to be announced on Monday. via Pocket http://www.bbc.co.uk/news/business-22591026#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa