Yahoo Tumblrs for Cool: Board Approves $1.1 Billion Deal as Expected

Done (just like we said).
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Yahoo’s Mayer Has Met with Hulu Execs in a Preliminary Look-See at Premium Video Unit

How much is the Silicon Valley Internet giant willing to spend on turbocharging its video prospects?
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The Money Shot: Kara Swisher on Instagram’s Billion-Dollar Ride in Vanity Fair

There’s no picture of the moment when everything changed for Kevin Systrom.
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News Byte

Silver Lake Finally Announces New $10.3 Billion Tech-Focused Fund

Silver Lakes Partners, the high-profile private equity which has been a big player in the tech space, has finally closed a new $10.3 billion large-cap technology investment fund. The firm said its Silver Lake Partners IV Fund was oversubscribed, surpassing a $7.5 billion target. Silver Lake now manages over $23 billion and is involved in a range of digital deals — most prominently of late, in the private takeover of Dell Computer.

Facebook Photo Phenom Instagram Gets a Business Lead to Scale Its Operations (and Presumably Revenue)

Is it time to make some dough from the billion-dollar deal?
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News Byte

Mango Health App That Games Taking Meds Launches With Target Partnership

San Francisco-based Mango Health — a new mobile app aimed at allowing people to manage their personal health by tracking medications and nutritional supplements they take — is launching after a 16-week pilot program and a strategic deal with retail giant Target. The app rewards users with gift cards or allows them to make charitable donations for correctly following their medical regimens by using game design principles. Consumers can also check for interactions between medications, supplements and foods, and get dosage reminders. Mango has raised $3.1 million in seed funding from venture firms First Round Capital, Floodgate and Baseline Ventures, as well as angel investors Mark Pincus and Keith Rabois.

Actually, Amazon Paid About $150 Million for Goodreads

Um, not one billlllllllion dollars.
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Jerry Yang Is Back (And Investing More Than Ever)

Exclusive: In Yet Another Internal Hire, Yahoo’s Mayer Makes Mann Search Head

Mike Lynch Punches Back at Today’s HP Filing: Whither $5B Writedown?

Yahoo’s Mayer Hoping What Happens With Big Advertisers at CES Doesn’t Stay in Vegas

Tasty: FoodyDirect Gets $3M, as Former Goldman Tech Banker Turns Entrepreneur

Valley Cred: Samsung Plans to Open New Start-Up Accelerator in Downtown Palo Alto

Yahoo Is Among Those Mulling a TVGuide.com Bid for About $20 Million

Yahoo and Facebook Not in Search Alliance Discussions