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It's being reported Yahoo bought Tumblr for $1.1 billion. You may recall Instagram was profiled on HighScalability and they were also bought by Facebook for a ton of money. A coincidence? You be the judge.
Just what is Yahoo buying? The business acumen of the deal is not something I can judge, but if you are doing due diligence on the technology then Tumblr would probably get a big thumbs up. To see why, please keep on reading...
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