By Alexei Oreskovic and Jennifer Saba (Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion cash, giving the struggling Internet pioneer a much-needed platform in social media to reach a younger generation of users. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. Yahoo made clear it was sensitive to concerns that it might damage Tumblr by making it less irreverent or more corporate. ...
Yahoo buying Tumblr for $1.1 billion, vows not to screw it up
Chelsea Flower Show preview begins
The Chelsea Flower show has opened for a preview ahead of a visit by the Queen and Duke of Edinburgh later.
Kirk holds gay ministers debate
The issue of gay ministers is being debated at the Church of Scotland's General Assembly, four years after the first openly homosexual minister was appointed by the Kirk.
Parents of truants to face fines
Parents of children who are regular school truants are to be fined up to £120 from September, says the Welsh government.
Moyes meeting Man Utd backroom staff
Incoming Manchester United manager David Moyes is holding talks with a number of the club's coaching staff on Monday.
Man kills four in Israeli bank
A man shoots four people dead in a bank in southern Israel before turning the gun on himself, reportedly after a dispute over an overdraft.
Man kills four in Israeli bank
A man shoots four people dead in a bank in southern Israel before turning the gun on himself, reportedly after a dispute over an overdraft.
