Agence France-PresseMay 20, 2013 13:16
Yahoo! is under two decades old and is already showing signs of age. Tumblr, the cool blogging platform, represents a new generation.
This split marks both a challenge and an opportunity for the firms, after the announcement that Yahoo! is buying the six-year-old startup for $1.1 billion, mainly in cash.
"Yahoo users are behind the curve, Tumblr users too cool for school," said Arvind Narayanan, a Princeton University computer scientist, in a tweet.
"From this POV (point of view) the acquisition seems ironically appropriate."