Report: Yahoo board approves $1.1 billion Tumblr acquisition May 19, 2013 by admin Tweet A new report claims that Yahoo’s board of directors has approved its acquisition of Tumblr for a whopping $ 1.1 billion, with Yahoo expected to officially reveal the deal tomorrow. Read more… Neowin Related Posts:New report claims OpenAI's board is in talks to…Japan's antitrust regulator approves Microsoft's…OpenAI officially brings its CEO Sam Altman back to…Microsoft completes $20 billion acquisition of NuanceUK regulator has finally approved Microsoft's…