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Business News / Business

Yahoo makes $1.1 billion deal to buy Tumblr

SAN FRANCISCO--Yahoo's board of directors has approved a $1.1 billion cash acquisition of blogging site Tumblr.

It's the biggest and riskiest deal yet for Yahoo Chief Executive Marissa Mayer, who is trying to make pioneering Internet company ...

Bitcoin's coming-out party

Not that long ago, the virtual currency Bitcoin was one of the Internet's great rebel causes, a digital form of money embraced by libertarians and anti-establishment types who saw it as a way to diminish the power of big governments and big ...