Yahoo Announces $1.1 Billion Acquisition Plan for Tumblr

Yahoo announced early this morning that it has agreed to pay $1.1 billion for Tumblr, the six-year-old blogging site that touts more than 100 million users, but little in the form of revenue. While Tumblr users have already expressed concerns that the site could end up cluttered with ads, Yahoo CEO Marissa Mayer promises “not to screw it up.” The deal marks the largest social acquisition in years, surpassing last year’s $1 billion purchase of Instagram by Facebook. Continue reading Yahoo Announces $1.1 Billion Acquisition Plan for Tumblr

ESPN and Twitter Expand Collaboration with Video Clips

ESPN plans to post sports-related highlight videos on Twitter in the coming year. Sports fans can expect clips from soccer matches leading up to the World Cup, college football and the X Games. The videos will be made available on Twitter’s site and mobile apps shortly after the live television broadcasts. The collaboration is part of a bigger movement by TV networks and the microblogger to discover new approaches to advertising revenue. Continue reading ESPN and Twitter Expand Collaboration with Video Clips

Snapchat and Fleeting Messaging Apps Grow in Popularity

Led by the popular photo-sharing app Snapchat, a number of startups are challenging the belief that everything one posts online is destined to be online for eternity. Even social networking giant Facebook recently released a Snapchat-like feature called Poke, which enables users to send notes, pictures and videos to their friends that dissappear after an allotted amount of time. Continue reading Snapchat and Fleeting Messaging Apps Grow in Popularity

E-Books: Alton Brown Excited about the Future of Interactive Cookbooks

  • Alton Brown, who has made a career of introducing cooking methods and food science through innovative filmic approaches, says his latest “Good Eats 3” will be his final traditional printed cookbook.
  • The television personality and author suggests his future projects will be “immersive, highly interactive blends of text, photos and video.”
  • Brown says he plans to use 40 cameras for his next project that capture the action from all angles, so users can pan around the footage and freeze the image if necessary (which he likens to effects made popular by “The Matrix” franchise).
  • “We’re trying to figure out how to reinvent information flow, to break out of recipes,” says Brown. “Cooking is a linear process, but that doesn’t mean the information has to be delivered in a linear way.”
  • He also envisions a time when kitchen tools will connect wirelessly to tablet computers for increased interactivity.