Rumor Alert: Yahoo Is Buying Tumblr for a Billion?

Yahoo has a problem: it has no idea what it's doing, or how it's going to do it (outside of teenage dream hires). Some people who claim intimate knowledge say the company is going to do it by throwing a serious Hail Mary in its quest for cool: buying Tumblr for $1,000,000,000. That's one billion.

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As the National Transportation Safety Board promotes a new, stricter BAC limit of .05 to drive, the hospitality industry is worried about a "chilling effect" on alcohol sales.

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Hofstra Student Killed During Home Invasion was Shot by Police

A 21-year-old Hofstra student was killed early Friday morning by a shot fired by a Nassau County policeman. Andrea Rebello was being held at gunpoint by an intruder, when she was shot once in the head by the unidentified police officer, who also killed the home intruder.

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Luxury City Nearly Complete with Construction of Empty Soulless Towers

New York City's luxury housing boom, which has been a trademark of the Bloomberg administration's distaste for building substantial housing for anyone but the superrich, has reached its astounding conclusion: massive condos owned by people so rich, they don't actually live there.

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