Yahoo plans for Tumblr leaves media behind
Kara Swisher and Peter Kafka are on the out list for Yahoo’s official event covering the company’s plans to buy out Tumblr for 1.1 billion dollars. The reporters from AllThingsD.com (a technology website) were the first to report on the social media deal according to The New York Times.
Swisher tweeted the response from Anne Espiritu, Yahoo’s public relations leader.
This is disheartening that a reputable news site that reported the news first isn’t given a valid opportunity to appear at the event. I am very certain that more so-called established news sources will be there to cover the news rather conservatively as this is a world motivated by nickel and dimes. Like my mom has always said “Money talks and bullshit walks.”
Personally, I think Swisher’s and Kafka’s article reporting the acquisition of Tumblr is well written and does reveal some positive nature of the business transaction. Nothing too outlandish to get banned from the event. So why?
No comment from Yahoo authority. Just a speculation that they don’t have enough money to buy more space to accommodate everyone. I mean who really has a billion dollars to buy out at a fan infested hipster blogging company anyway. Don’t even get me started on the Tumblr-porn agreement.