Yahoo considering deal with Facebook for Tumblr Ad-sale

New Delhi : American multinational technology company Yahoo is in talks with social networking giant Facebook about an advertising deal, report says.

Yahoo is considering a deal with Facebook that would allow the social network giant to sell ads inside Tumblr’s mobile app, a report from The Information said.

Tumblr, a microblogging platform and social networking website, was founded by David Karp in 2007.

Yahoo! announced its intention to acquire Tumblr on May 20, 2013, for approximately USD 1.1 billion. (ANI)