Can Tumblr Turn a Profit? The Wall Street Journal, May 17, 2012 David Karp has focused on expanding Tumblr Inc.'s network of free bloggers for the past five years.

Today, 55 million of them are posting text, photos and videos on the site. Even Beyoncé and Jay-Z turned to Tumblr's blogging platform earlier this year to release the first photos of their newborn to the public.
More Nabeel Hyatt on Hyper Growth and Whether Facebook is Fueling Future Rivals TechCrunch, May 16, 2012 Nabeel Hyatt discusses growth and metrics he looks for when investing.   More Svpply’s “We Want This!” Is A Tasteful Way Retailers Can Target Well-Dressed Shoppers TechCrunch, May 15, 2012 Svpply, the New York-based startup that replicates the feeling of window-shopping online, is nudging its well-heeled clientele to turn their “wants” into real purchases. More Twitter and ESPN Plan Branded Campaigns Around TV Sports AdAge, May 15, 2012 The companies are announcing the first program, GameFace, at ESPN's upfront Tuesday morning. GameFace will center on the NBA Finals and be promoted on Twitter with the #GameFace hashtag. The social-TV dimension calls for the hashtag and program to be promoted on-screen during ABC's live broadcasts of the NBA Finals, as well as on ESPN's "NBA Tonight" show. More After Sobering First Try, IPWireless Scores For Investors In Second Sale Dow Jones, May 9, 2012 A bet on IPWireless Inc.'s second act appears to have paid off for its venture investors as the company has agreed to sell to General Dynamics Corp.

Terms of the deal, which is expected to close in the third quarter, were not disclosed, but its investors characterized the outcome as a good one.
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