By Alexei Oreskovic and Jennifer Saba (Reuters) - Yahoo Inc said it is buying blogging service Tumblr for $1.1 billion cash, giving the struggling Internet pioneer a much-needed platform in social media to reach a younger generation of users. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. Yahoo made clear it was sensitive to concerns that it might damage Tumblr by making it less irreverent or more corporate. ...
BEIRUT (AP) — Fierce street fighting in a Syrian town near the Lebanese border has killed at least 28 elite members of Lebanon's militant Hezbollah group, activists said Monday, as Syrian government forces pushed deeper into the strategic, opposition-held town.
KABUL, Afghanistan (AP) — A suicide bomber dressed in a police uniform killed 14 people including a prominent provincial council chief outside the council headquarters in northern Afghanistan on Monday, authorities said. The Taliban insurgency quickly claimed responsibility.
Former NFL wide receiver Chad Johnson has been arrested on charges that he violated probation stemming from an altercation with his now ex-wife, TV reality star Evelyn Lozada.
Frank Vogel said Monday that he has great respect for LeBron James and the Miami Heat, but as for James' perception that the Indiana Pacers coach considers Miami "just another team," he said the Heat superstar is mistaken.
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