Yesterday morning, Yahoo! formally announced that they were acquiring popular blogging site Tumblr. Yahoo reportedly bought Tumblr for a hefty $1.1 billion. The purchase has, unsurprisingly, made a fair percentage of Tumblr’s...

The million-dollar question in Yahoo’s blockbuster Tumblr acquisition is “How do they plan to make any money off that thing?” (The billion-dollar question, of course, is “Yahoo paid how much?”) When the...

You can say what you want about Google+, but you have to admit—the guys at Google are just not the quittin’ kind. Despite having had a lot of ridicule and brickbats thrown its way, Google is not giving up on...

Today, Amazon entered the money business. Their virtual currency, Amazon Coin, went live. To celebrate, the company gave anyone who owns a Kindle Fire five dollars worth of Coin to spend any way they see fit—as long as it’s on...

Hulu, Blip, AOL and even Zynga are making headlines for their forceful push during this year's NewFronts season. But a quieter and more important development is transforming the world of digital video: Media firms once focused on content...

After many months of speculation, YouTube finally put rumors to rest by announcing Thursday the launch of paid channels on the popular video sharing website. There are 53 channels currently in the pilot program, with subscription rates starting...

It may come as a surprise that Coca-Cola is being exceptionally sweet toward public health advocates these days. In an entirely voluntary move, the world's largest soft drink producer announced Wednesday that they would cease all worldwide...