New York City Issues $2,400 Fine for Renting on Airbnb
Nigel Warren rented out his apartment for three nights for $315; now he has to pay Nigel Warren, the New York tenant who ended up in trouble with the city after renting his room out on Airbnb, just got some bad news. A judge on the city’s Environmental Control…
Yahoo Board Approves $ 1.1B Tumblr Deal
Yahoo’s board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m; 857m euros), US media reports say. The acquisition is expected to be announced on Monday. The deal was a “foregone conclusion” and was a unanimous vote by the board, tech blogAllThingsD reported,…
Tumblr May Reject Yahoo’s $1.1B Acquisition Offer For Being “Too Low”
Tumblr feels that Yahoo’s $1.1 billion offer as “too low” and view it as “only a first offer”, according to sources close to to acquisition talks. Yahoo may have to significantly increase the offer to close the deal. An acquisition by some tech giant is likely in the…