
SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.

SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.

The Wall Street Journal is reporting on Twitter that Yahoo's board has given the green light for the company's $1.1 billion purchase of the blogging site.

If you went to see "Star Trek Into Darkness" this weekend, you may have glimpsed a nice little surprise; a new teaser trailer for arguably our single most anticipated motion picture of the year. Not "The Wolf Of Wall Street" or "Twelve Years A Slave," or "The Counselor" or even "Inside Llewyn Davis" (which our crack Cannes contingent are lining up for as we speak), but a little film called "Anchorman: The Legend Continues." Yep, the Channel 4 News Team are back together, with shooting having now taken place on the long-awaited sequel, and a year after the first teasers for the film, we get another glimpse at the picture today. It follows the same format as previous teasers, and while there isn't anything as brilliant as "In this movie, we play witches," there's plenty to enjoy here. We're counting the days until "Anchorman: The Legend Continues" hits theaters on December 20th.
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