Yahoo to acquire Tumblr for $1.1 billion

NEW YORK (AP) — Yahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications. The Sunnyvale, Calif., company's board of directors will meet Sunday evening to consider approving a $1.1 billion acquisition of online content-sharing site Tumblr in a deal Mayer negotiated, according to the technology news site All Things D. The story posted...
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Yahoo to acquire Tumblr for $1.1 billion

ahoo may be on the verge of closing its biggest acquisition during the 10-month reign of CEO Marissa Mayer as she tries to attract more traffic and advertisers to the Internet company's website and mobile applications.

News • May 19th, 2013
Are Problems with Whistleblower Program the Next IRS Controversy?

Even after the dismissal of the acting IRS Commissioner and a top deputy who oversaw the tax-exempt division, the problems at the Internal Revenue Service seem to keep growing.

News • May 17th, 2013
Florida investigating $3M Medicaid fraud

A Florida investigation into a $3 million Medicaid fraud scheme surrounding an Orlando woman and her mental-health service business has led to the arrests of several of her employees, who are accused of double-billing and taking kickbacks.

News • May 17th, 2013
Large Ohio City Gets Hacked, Exposed Data May Include Credit Card & SSN Info

The city of Akron on Friday morning notified citizens whose sensitive information, possibly including Social Security numbers and credit card numbers, was compromised in a cyber attack and posted on the Internet.

News • May 17th, 2013
New interim commissioner for IRS, as deputy overseeing tax exempt entities leaves

President Barack Obama picked a senior White House budget official to become the acting head of the Internal Revenue Service on Thursday, the same day another top official announced plans to leave the agency amid the controversy over agents targeting...

News • May 17th, 2013
IRS scandal poses serious hurdle for health law implementation

Political scandals have strange ways of causing collateral damage, and Republicans are hoping the furor over federal tax enforcers singling out conservative groups will ensnare their biggest target: President Barack Obama's health care law.

News • May 17th, 2013
40 states see unemployment drop in April

Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country.

News • May 17th, 2013
Recently-merged Prager Metis names new principal

Prager Metis International LLC – a newly combined mid-sized accounting firm with offices in the U.S. and London, has announced the addition of Scott D. Davis to the firm as its newest principal.

News • May 17th, 2013
New e-procurement system completes "purchase-to-pay cycle "

Basware Launches Basware Purchase, Breaking Down Barriers to e-Procurement

News • May 17th, 2013
NetSuite partners with Autodesk for manufacturing solution

The relationship aims to transform modern manufacturing by helping manufacturers confront shifting economic conditions, deliver quality products and address customer innovation requirements, all with a flexible, cloud-based system.

News • May 17th, 2013
Paychex names Gibson as senior vice president

Former Convergys executive John B. Gibson has more than 20 years experience in business services, and HR solutions and technology

News • May 17th, 2013
WeiserMazars names new head of firm's Health Care Group

Accounting, tax and advisory services firm WeiserMazars LLP has announced that Kenneth M. Fischer has been named as the new Partner-in-Charge of the Health Care Group, effective May 1, 2013.

News • May 17th, 2013
400 IRS offices to close on Friday, May 24 due to budget and sequester

All IRS offices, including all toll-free hotlines, the Taxpayer Advocate Service and the agency’s nearly 400 taxpayer assistance centers nationwide, will be closed on those days. IRS employees will be furloughed without pay.

News • May 17th, 2013
Massachusetts reports employment downturn in April

Higher payroll taxes and federal sequestration spending cuts are keeping the Bay State stuck in a "soft patch" of economic growth that could last until the end of the year unless federal fiscal policy changes are put into immediate action, experts...

News • May 17th, 2013
For some considering homes, rent vs. buy is getting more complicated

Southern Nevada's housing market has a "breakeven horizon" of three years, meaning it takes that long until owning a house becomes cheaper than renting, according to a new report from Seattle research firm Zillow.

News • May 17th, 2013

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