Instagram Deal Opened Door to Tumblr Valuation

June 11 (Bloomberg) -- Mark Seneca, corporate partner at Orrick, Herrington & Sutcliffe LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of Instagram Inc. in its $1 billion acquisition by Facebook Inc. last year. Seneca, in this "Rainmakers" episode, also compares the 2012 blockbuster tech deal to Yahoo! Inc.'s recent acquisition of Tumblr Inc.

Slowest Inflation in Two Years Ratifies Poloz's Pessimism
14:05 - Canada's core inflation rate was the slowest in two years in August, missing even the most bearish forecast, in another blow to the country’s economic outlook. Bloomberg's Greg Quinn reports. (Source: Bloomberg)
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