CNBC is reporting that Yahoo has announced a product related event for May 20th. It's unsure what it will be about but it wouldn't be surprising if it has to do with the recent rumors of a Tumblr acquisition.
Yahoo has made a lot moves lately, from acquiring task management app ‘Astrid’ to securing rights to the clips from Saturday Night Lives archives. They’ve also been making waves recently by possibly being in talks to outright acquire Tumblr, which would be a very significant purchase.
With no signs of slowing down, CNBC is reporting that Yahoo has just announced a product related event that will be held on May 20th. It was also noted that CEO Marissa Mayer is expected to speak at this event. There doesn’t seem to be any hint as to what product(s) the event could possibly be about, but perhaps it’ll be about the aforementioned rumors of a Tumblr acquisition.
We won’t have to wait very long to get the truth, with the event only three days away. It wouldn’t be surprising if the content of the event is leaked before that date, so stay tuned.