Yahoo Acquisition Saved Tumblr From the Brink of Failure

As the social media industry matures, those that find a sustainable business model rise to the top, others fall by the wayside. The future was not looking good for Tumblr -- that is, until Yahoo! acquired the blogging platform in May.

tumblr, blogging, social networks, social networking, social media
Tumblr CEO David Karp via Wikimedia Commons