Amazon has reportedly submitted plans for a new futuristic headquarters in Seattle that couples a skyscraper and an accompanying tri-sphere bio-dome like structure. According to the plans, the structure will be able to hold various forms of plant life and become a place where employees can “work and socialize in a more natural, park-like setting.”
The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo’s board of directors. The Tumblr acquisition was rumored last week, with a price tag reportedly north of $1 billion, which appears to be accurate if the WSJ’s sources are correct. → Read More
The first rule of being cool is not telling people you want to be cool. Yahoo is not following this rule, with its M&A team in full pray-and-spray acquisition mode post-Marissa Mayer hire, hitting on everything that walks, or at least has traction.
Deals I have heard rumors Yahoo was trying to get into over the past couple of months: Foursquare (at an $800 million asking price). Path (at a… → Read More