Yahoo to Buy Social Media Site Tumblr

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Marissa Mayer speaks during an announcement September 8, 2010 in San Francisco, California.
From and

Users of the photo rich blogging and social media site Tumblr aren't happy. Yahoo has plans to buy the site for $1.1 billion dollars in an all cash deal which extends the brand of Yahoo into this social media space. The deal would be one of the largest acquisitions of a social networking company in years.

Manoush Zomorodi is the host of WNYC's "New Tech City."