Business Insider -
8 Apr 2015 04:06

Yahoo is planning a big reorganization that will bring Tumblr more closely into the company, instead of allowing it to be run as a largely independent business unit. The Information reports that CEO Marissa Mayer discussed the reorg last week at an offsite meeting for execs. She has asked former Tumblr CEO David Karp which senior vice president within the company he would like to report to. Mayer spent over $1 billion on Tumblr in May 2013, but the division is unlikely to meet her stated goal of...
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