shameless rumormongering

Rumor Roundup: An Uber Blunder, Tickets to Dick Costolo’s Gun Show, and David Karp Is Having the Best Week Ever

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The Gun Show This week, Twitter launched a shiny new client-friendly

Music Class Are you excited for the new Daft Punk album? Well, we’ll tell you who’s really excited, and that’s Square CEO Jack Dorsey and VC Fred Wilson. “The new Daft Punk album is a knockout. Pure joy,” Mr. Dorsey said in a micro-review of the album on Twitter. Mr. Wilson responded: “yup. I’ve had it in heavy rotation all week. It was even on in the coffeeshop today.” Just an FYI in case, for some reason, you get stuck in a car with both of them sometime this summer. Read More

Internet Week 2013

Last Night at the Webby Awards, Patton Oswalt Tried to Give David Karp a Wedgie

He wore a hoodie. (Photo by Bryan Bedder/Getty Images for The Webby Awards)

Hundreds gathered for the 17th Annual Webby Awards at Cipriani Wall Street last night in a ceremony that honored excellence on the Internet–fart jokes, GIF pronunciation debates and all.

Patton Oswalt began by observing, “Look at all these people taping this. By all means, record this shaky iPhone version, because this will never be on the Internet.”

“This whole thing was Kickstarted, but we didn’t quite make our stretch goal, so instead of Louis C.K., you have me as your host,” he added.

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Hipster Rage

Vespa-Riding, Williamsburg-Residing Tumblr CEO Does Not Appreciate Being Called a Hipster

Hipstblr (Photo: wikipedia.org)

Call David Karp anything you want–high school dropout, sidecar sideshow–but the one label he won’t stand for is “hipster.” Unknowingly emulating the first rule of hipstersdom by automatically lashing back at the title, the 26-year-old Ludlow suit-wearingVespa-riding, Williamsburg-dwelling, brunch-loving chillwave Tumblr CEO was annoyed when ABC News anchor George Stephanopoulos dared to call him that yesterday. Read More

I'll Tumbl For You

With Tumblr in the Bag, a Triumphant Marissa Mayer Takes a Victory Lap

Couldn't miss it.

Chief Yahoo Marissa Mayer looked pretty damn chipper as she took the stage in a small room overlooking Times Square, late yesterday afternoon.

Technically, the press had gathered for the announcement of a revamped Flickr. (It’s biggr! It’s spectaculr!) An entire lounge had been papered over with giant images pulled from the service, and in the square below a mob of T-shirt-wearing fans/paid actors were jumping up and down and hollering and waving Flickr signs in celebration.

But with David Karp slouched in the front row, it was clear this was about more than the addition of full-bleed photos to a decade-old service.  Read More

press tour

‘Hipster High School Drop Out’ David Karp Hits the Morning Show Circuit With Marissa Mayer

Good Morning Mayer. (Photo: Mediaite)

You could wrap yourself in a grey hoodie, but there’s no way to avoid the David Karp-Marissa Mayer PR charm offensive. Taking a breaking from reading US Weekly to moms, ABC News’ Good Morning America had the pair on earlier today to discuss their “match made in digital heaven.” Anchor George Stephanopoulos breathlessly proclaimed the $1.1 billion deal “could change” the way we use the Internet and labeled Mr. Karp as a “hipster high school dropout” before introducing them for an in-studio interview. Read More

I'll Tumbl For You

Let’s Not Pop All the Bottles at Once: This Tumblr Deal Isn’t a Total Cinderella Story

Probably not the key to a new castle on the moon.  (via)

In Pride and Prejudice, before achieving her happy ending with Mr. Darcy, Lizzie Bennett receives a marriage proposal from Mr. Collins, a toadying little man who offers a lifetime of a) stability and b) teeth-grinding annoyance. She turns him down, and her friend Charlotte promptly snaps him up. A 27-year-old woman of limited means in 18th century England, she’s realistic about her options and grabs her best bet with both hands.

Let’s not kid ourselves that Yahoo! is anything other than a Mr. Collins. Read More

I'll Tumbl For You

It’s Done: Yahoo Just Announced the Acquisition of Tumblr

tumblr_m4chebQCUX1qggwnvo1_500

The official announcement just hit the newswires. Yahoo has acquired Tumblr for $1.1 billion, “substantially all of which is payable in cash.” Because really, who wants to bet on the stability of Yahoo’s stock price?

In the press release, CEO Marissa Mayer tries desperately to explain the acquisition in any way she can besides admitting Yahoo wants to drink the blood of the young: “Yahoo is the Internet’s original media network. Tumblr is the Internet’s fastest-growing media frenzy. Both companies are homes for brands – established and emerging.” Read More

I'll Tumbl For You

Report: Yahoo/Tumblr Deal Is a Go, For $1.1 Billion in Cash

Hipstblr (Photo: wikipedia.org)

Here we go, folks! The Wall Street Journal is reporting that Yahoo’s board has approved a rumored deal to purchase Tumblr for $1.1 billion in cash money. Forbes reports Tumblr’s board, which includes reps from Union Square Ventures, Sequoia Capital and others, has already voted to approve the deal. If it’s true that the company has only a few months of runway left, they’d be fools not to.

It’s a happy enough ending for Tumblr’s investors (and employees lucky enough to have a significant amount of stock), sure, but it’s not exactly the stirring success story the New York startup scene might’ve wished for. (A YouTube’s nice, but a Google would be better.) Yahoo’s got a long history of snapping up startups and frittering away their potential, and $1.1 billion must dash a few hopes for Silicon Alley’s flagship. The company only made $13 million in revenue last year, but as of March it had 117 million unique users worldwide. Read More

I'll Tumbl For You

Yahoo’s Futile Search for the Fountain of Youth Continues, With Talk of Acquiring Tumblr

He's staring at a large pile of money, shimmering in the distance like an oasis.

Looks like there might be a suitor waiting in the wings for Tumblr, that scatterbrained belle of the ball. He’s a real gray-hair, though. According to AllThingsD, the blogging site is talking to Yahoo about the possibilities for an alliance, an investment or even a lock-stock-and-barrel purchase. Ad Week says the highly hypothetical price tag could be as much as a billion dollars.

At this point, it might be easier to keep a list of the startups Yahoo hasn’t considered acquiring. Read More