Report: David Karp sells Tumblr to Yahoo! for $1.1 Billion

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ADOTAS (via New York’s Daily News) — Who wants to be a billionaire?

Tech wonder David Karp, evidently.

The plucky, 26-year-old Tumblr founder has sold his popular blogging platform to tech behemoth Yahoo for an amazing $1.1 billion, news site AllThingsD reported Sunday.

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