Yahoo Board Approves $1.1 Billion Tumblr Acquisition

Reblogged from Variety:

Yahoo is moving ahead with the acquisition of blogging service Tumblr, according to published reports Sunday.

The online giant will pony up $1.1 billion in cash, signaling the boldest move yet from CEO Marissa Mayer  as she moves to turn around Yahoo's fortunes.

The deal is expected to be formally announced Monday.

The Yahoo board met Sunday to approve the pulling the trigger on the deal.

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Chris Brown receives death threats

Reblogged from TheMasterCopy:

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SINGER CHRIS Brown has received death threats that are being investigated by the Los Angeles police department.

According to TMZ multiple threats were called in to the office of Brown's attorney and the caller threatened Chris' life.   Taking the threats seriously his lawyer immediately reported them to the LAPD, giving them all the information he had on the calls.

Brown has come under scrutiny recently from his LA neighbours who have complained about the graffiti on the front of his house.

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WSJ: Yahoo! Board Approves $1.1 Billion Purchase Of Tumblr

Reblogged from From the feeds..:

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Another startup bought, for $1.1 billion in cash.

WSJ: Yahoo! Board Approves $1.1 Billion Purchase Of Tumblr:

The Wall Street Journal has this breaking news from the tech world:

"The Yahoo board has approved a deal to pay $1.1 billion in cash for the blogging site Tumblr."

The Journal, the only outlet reporting the approval, is sourcing its story to "people familiar with the matter." Lauren Armstrong, a Yahoo spokeswoman, told us in an email that they "don't comment on rumors or speculation."

(Via News)

What Games Are: Cometh The Hour, Cometh The Xbox?

Reblogged from TechCrunch:

Editor’s note: Tadhg Kelly is a veteran game designer, creator of leading game design blog What Games Are and creative director of Jawfish Games. You can follow him on Twitter here.

One of the memories that sticks with me most about the launch of the Xbox 360 was a silly analogy about inhaling. I can't remember who said it, but the general idea was that it had a concave body to convey breathing in, perhaps a precursor to exclaiming joy.

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Illinois Senate Passes Medical Marijuana Legislation

Reblogged from CBS Chicago:

SPRINGFIELD, Ill. (AP) -- Illinois Gov. Pat Quinn must decide if he will sign a measure allowing the use of marijuana for medical purposes after the state Senate approved legislation on Friday.

The proposal has been touted as the strictest in the nation among states that have legalized medical marijuana. It authorizes physicians to prescribe marijuana to patients with whom they have an existing relationship and who has at least one of more than 30 medical conditions listed on the measure.

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