Tumblr: 108M blogs and 51 billion posts are worth more than $1.1B

Tumblr, which famously hates advertising and only started trying to make money after five years in existence, is in a bit of a pickle, as its $125 million in funding is running out, giving the service only a few-month window in which to raise a new round or find a sugar daddy.

Zynga to sell 43M shares in secondary offering, bought OMGPOP for $180M

Zynga filed a revised S-1 this morning with the SEC that contained a number of interesting details. It pegged the price of its recent purchase of NYC game company OMGPOP at $180 million. The filing also revealed the company will …