Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Full Article
LG Display says to invest $655 mln to make OLED panels
SEOUL (Reuters) - South Korean flat-screen maker LG Display (034220.KS) said on Monday it would invest 706 billion won to manufacture next-generation displays used in televisions.
LG Display, currently the sole manufacturer of organic light emitting diode (OLED) panels used in TVs, said mass production from its new production line will begin in the first half of next year. (Reporting by Miyoung Kim)
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