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 8:25am 5/20/13 8:25am

Apple Throws $356 Million at Making Its Security Better—And Making Android's Worse

Reuters is reporting that Apple has bought AuthenTec—a company which makes secure fingerprint sensors and precision touchscreen solutions—for $356 million. Either it's gotten extremely serious about its own security, or wants to make it much harder for the competition. Or both! » 7/27/12 8:29am 7/27/12 8:29am

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 7:44am 4/14/08 7:44am

Microsoft Wants to Buy Yahoo for $44.6 Billion

It seems that Bill is going to eat more than one burger before he leaves Microsoft. After countless rumors, it is now official: they want to buy Yahoo for $31 per share, for a total of $44.6 billion in cash and stock. Check The Other Steve's love letter to the Yahoo board of directors after the jump and take our poll:… » 2/01/08 8:03am 2/01/08 8:03am

Palm Buyout to Happen as Soon as This Week?

Reports are flying all across the Internet that a Palm takeover could happen as soon as this week. Nokia and three other unidentified bidders are showing interest in this company and are willing to fork over upwards of $2 billion for it. A possible buyout could have some pretty big future implication or it could be a… » 3/20/07 6:45pm 3/20/07 6:45pm