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Dachis Group London Social Media Review #1

Welcome to the Dachis Group London Social Media Review, a digest of the best we've read over the past seven days. If you want to get this and other DG posts delivered to your inbox you can sign up for our newsletter here.

Yahoo buys Tumblr for $1.1 billion
Rumoured all weekend, it is now confirmed that, Yahoo has agreed to buy Tumblr for $1.1 billion in cash, or just over $10 per blog. The platform raised only $13 million in revenues last year, and its CEO David Karp, 26, has made a point of limiting advertising on the site. It'll be interesting to see how Yahoo plans to recoup their investment and avoid a further big money flop.

Google announces a raft of new social stuff at I/O
At their annual developer conference Google made lots of announcements that looked to streamline their ...

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Skateboards and rockstars help Vans build social media muscle

These days almost every consumer-oriented company is working hard to become the face of an aspirational lifestyle. Led by companies like Red Bull or Nike, these brands invest significant effort in embodying a ‘cool’ lifestyle. For brands, being cool mostly consists of involvement with remarkable events and experiences (like dropping Felix Baumgartner out of a low-flying