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Ron Russell Editor’s blog |
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Media,
Silicon Valley
Just how much of a Silicon Valley media darling is new Yahoo CEO (and Time magazine Person of the Year contender) Marissa Mayer? Yahoo is to announce today that it’s paying $1.1 billion to acquire blogging site Trumblr and the dominant story line is that it’s a bold initiative that will help Yahoo become . . . cool again? That Tumblr hasn’t generated a dime of revenue—oh, well, that’s for a meme that will come later if Mayer bombs. Mercury News
