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

Done (just like we said).
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Content Gains Allow Demand Media to Beat Wall Street Expectations on Q1 Earnings and Revenue

Strong performance of media properties added to the results.
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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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Voices

Is Twitter Really Worth $10 Billion?

I spent the last week trying to write a column that proved Twitter wasn’t worth $10 billion. Then the facts intervened.

News Byte

Twitter Now Reportedly Valued at $9 Billion

Twitter now holds a $9 billion valuation after investment firm BlackRock made an $80 million offer to purchase stock from early Twitter employees, the Financial Times reported on Friday. The new $9 billion number is a 10 percent valuation increase since the company last raised money in 2011, yet lower than the $10 billion and $11 billion valuations made last year after two secondary stock transactions. Twitter declined to comment on the report.

Voices

VCs Still Chasing Web Companies, but With Less Cash

Venture investors still have a healthy appetite for early-stage consumer Internet companies, but those startups are having a harder time raising follow-on financing.

Can the Hedge Fund Dudes Save Groupon’s Stock?

The capitalist kind can be very helpful.
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Should Mark Pincus Take Zynga Private?

Several options have been floated for what Zynga should do next already. But could it go private?
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Rovio’s Bad Piggies Shoots to the Top of the Charts, but Will It Stick?

Hours after becoming available, the 99-cent app is already No. 1 on the iPhone and iPad paid game charts in the U.S.
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Criteo Nabs $40 Million in Funding at $800 Million Valuation

Big money for performance display advertising start-up.
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