Yahoo confirmed early Monday morning that it is buying Tumblr in a deal worth about $1.1 billion. "Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business," Yahoo added.
In its statement announcing the deal, Yahoo says that:
Closing arguments are set to take place Monday in the federal class action trial involving New York City's stop-and-frisk policy. The trial has been going on for two months in Manhattan.
Plaintiffs in Floyd v. City of New York claim the New York Police Department, its supervisors and its union pressured police officers to stop, question and frisk hundreds of thousands of people each year, even establishing quotas. They argue that 88 percent of the stops involved blacks and Hispanics, mostly men, and were in fact a form of racial profiling.
Good morning. I'm Steve Inskeep. Germany paid a price for asserting its financial power. Germans, more than others, had to finance bailouts for countries like Greece, and imposed austerity measures in return. Those who disapprove may have struck back. People across the continent and beyond watched the Eurovision song contest.
This week, Pastor Ryon Price and Father David Cruz visit with former Lubbock mayor, David Miller. Miller, the current owner and operator of the Spirit Ranch, discusses the importance of Sabbath as it relates to leadership. You can hear Faith Matters every Sunday at 5:00 pm only on 89.1, Lubbock's Voice of the Arts.
A California woman turned on the TV last week and saw she had the winning numbers in Wednesday's drawing. She thought she had won $360 million. It turns out she bought her ticket an hour after Wednesday's drawing.
It's planting season, at least for those growing things like summer squash, beans and cherry tomatoes. And we're seeing a change. Rather than buy already developed seedlings, which are more expensive, many gardeners are buying seed packets. It's a sign they want to start their gardens from scratch. And seed companies say they've seen an increase in orders since the economic downturn.
Reporter Sasa Woodruff reports that it's easy to read the directions on these seed envelopes, the hard part is following them.