On Monday, Yahoo is holding a press conference, according to TechCrunch. This comes after the company's recent buying spree, and it closely follows rumors that Yahoo is considering spending a billion dollars to buy Tumblr:
On Monday, it seems that we may get a better sense of what Yahoo plans to do with all these new acquisitions, as CNBC is reporting that Yahoo will be holding a “product-related” news event on Monday in New York City. Marissa Mayer will reportedly be speaking at the press conference, but that’s all we know about the contents of the event at this point.
I do get the sense that Tumblr could be a bigger deal than it already is—it's about one-third of a social network and two-thirds of a blogging platform, which seems like a good position to be in—but I'm not sure that Yahoo is the company to bring it to its full potential. But new CEO Marissa Mayer has accomplished what seemed like the impossible a couple years ago: She's got people talking about Yahoo again.