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The Wall Street Journal is now reporting via Twitter that the rumored $1.1 billion cash acquisition deal for social blogging site Tumblr has been approved by Yahoo's board of directors. Editor's note: Glenn Solomon is a partner with GGV Capital. Some of his recent investments include Pandora, Successfactors, Isilon, Domo, Square, Zendesk, Quinstreet, and Nimble Storage. Retooling the traditional public library for a more technically savvy populace is no small feat, especially when library budgets across the U. Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails and documents to the British Revenue & Customs (HRMC) services. YouTube turns eight years old today, reminding each of us in some odd way how young or old we really are. As the Tumblr/Yahoo deal continues to be negotiated by press, and the world gears up for whatever is being announced Monday morning, Tumblr founder David Karp is probably having a very interesting weekend. Editor’s note: Ross Rubin is principal analyst at Reticle Research and blogs at Techspressive.
An ancient and once-sacred bond between author and audience, reading and writing have become but two more tasks along with a multitude of other things that we do on a host of digital devices -- watcing videos, listening to music, playing games, and really anything except using Facebook Home. Mark Suster of Los Angeles' GRP Partners is known for his unique insights on the tech and digital media worlds, having famously had success on "both sides of the table" as a repeat entrepreneur turned investor over nearly two decades in the industry. Editor's note: Richard Bennett is a Senior Fellow with the Information Technology and Innovation Foundation and co-author of ITIF’s 2013 report, "The Whole Picture: Where America’s Broadband Networks Really Stand. Editor's note: Keith Teare is the founder of just.me and a partner at Archimedes Labs. He is also the co-founder of TechCrunch.