
Yahoo has officially announced its plans to acquire Tumblr for $1.1 billion. Much like Facebook’s $1 billion acquisition of Instagram in 2012, Yahoo’s latest purchase will bring the company a younger user base with the promise of more revenue.

Yahoo has officially announced its plans to acquire Tumblr for $1.1 billion. Much like Facebook’s $1 billion acquisition of Instagram in 2012, Yahoo’s latest purchase will bring the company a younger user base with the promise of more revenue.

For three elementary school teachers in San Francisco, Pinterest is a window into other classrooms – a virtual chalkboard where they can view lesson plans and fresh ideas from other educators without leaving their desks.

Certain brands are now sharing offers with the people in their circles on Google+, Google announced today. The deals can be redeemed online with a code or in-store using the Google Offers mobile app. Here’s a quick run-down of what happens when you click on a deal.

Happy Friday, SocialTimes readers! Google has been all up in our faces this week with the new Google glasses, which have replaced the pager belt clip as the fashion statement of The Future. They look pretty cool (charcoal, right?), but before we get too carried away with our wardrobe planning, let’s take a look at some of this week’s viral videos. If you squint, you can see other ways the internet is creeping into our daily lives: into our bedrooms, our bathrooms, and even classic works of literature.

Pinterest is making the solitary act of sticking images on a virtual inspiration board a little more social with the release of a new feature for sending images to friends. Now if you see something on Pinterest that you know that one of your friends will like, you can tap the “send” button to share it.

Soon you’ll be able to look your friends in the eye (sort of) when you log into your favorite social network with Google Glass. Google has just announced at the I/O conference in San Francisco that the futuristic eyewear will come with applications for Facebook, Twitter, Tumblr, and Evernote as well as publications like CNN and Elle.

Video viewers found new meaning in the word “squat” when they noticed a man sitting on the toilet in the background of a workout video on YouTube.

YouTube’s first paid subscription channel to focus exclusively on the horror genre, SCREAMPIX must be written in all caps because the collection of full-length movies the channel contains is so terrifying that it has to be kept behind a paywall for safety. The channel is one example of what paid channels can offer viewers that a free channel can’t, as these movies will run in their entirety with no commercials and the channel itself contains a good browsing tool with reviews, descriptions, and suggestions of movies to watch.

In April, the Securities and Exchange Commission ruled that companies can use social media to disclose business information instead of sending a press release as long as the investors have been notified in advance. Marketwired commissioned research to see how Wall Street would react to the news and discovered that 70 percent of investors under 40 believe the ruling is beneficial. In addition, 60 percent of these younger investors use social media to make decisions. This infographic has the details.

MTV, VH1, and CMT today announced the full list of the nominees (and a few new categories) for the O Music Awards: a celebration of technology, music, and extreme internet fandom.