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It's Official: Yahoo Is Buying Tumblr, Promises "Not to Screw It Up"

After rumors spread during the weekend, it's now official: Yahoo is buying Tumblr. Yahoo has announced the takeover, aptly enough, on Tumblr, explaining that it "promises not to screw it up." That's a reference, obviously, to the complete mess it's made of pretty much every other company it's ever bought. In that… »5/20/13 8:25am5/20/13 8:25am

Blockbuster Offers to Buy Circuit City, Have Sad Date Talking About Good Old Times

Blockbuster has offered $6 minimum per share to buy out Circuit City, with the intention of creating a $18 billion global retail enterprise. You can almost see the point of mixing media and device retail, but is this actually a good move for two companies facing a not-so-bright future? Read more in the Blockbuster… »4/14/08 7:44am4/14/08 7:44am