News In Briefs

Yahoo is to buy social networking firm Tumblr for $1.1bn (CLICK). While the family of a deceased Hungarian art collector argued the toss about who was to get what, thieves stole 500 of the artworks in dispute (CLICK). The exhibition Houghton Revisited, which reinstates the art collection of Britain's first Prime Minister Sir Robert Walpole, sold to Catherine the Great of Russia in 1779 to pay debts, opened on Friday, courtesy of the State Hermitage Museum in St Petersburg (CLICK, CLICK).