It’s hard to believe that it’s already time for yet another installment of This Week in Technology News for May 20th, 2013; it seems like only yesterday that we were talking about the turn of the New Year. Maybe it’s the sudden introduction of sunshine to Boulder, Colorado that has our senses in a tailspin but we’re definitely going to make the most out of it anyway.

Speaking of tailspins, This Week in Technology has three great tech stories lined up for you- Yahoo’s buyout of Tumblr, our exciting introduction to Google Glass, and Lojack for Android phones. Since we can hardly contain ourselves, let’s get right into the action.

Yahoo Purchases Tumblr for $1.1 Billion

Yahoo tumblrIn our first news story of the day, search engine giant Yahoo has purchased Tumblr for the bargain price of a mere $1.5 billion dollars. This move is designed to help Yahoo tap into the teenage and young adult online user base since the platform is so popular within that demographic. Tumblr fans, on the other hand, have opposed the move since they expect mass amounts of display advertising to soon fill their computer screens. That’s probably why Yahoo has gone to great lengths stating that it has no intention of changing what makes the social media site so great.

So what should you expect from Tumblr in the upcoming months? If you believe Yahoo, very little should change. There will be no Yahoo branding and it will be run as an independent company by Tumblr founder and CEO David Karp. “Our team isn’t changing. Our roadmap isn’t changing,” said Karp in a statement. “Tumblr gets better faster with more resources to draw from.”

With an average of 900 posts per second from 300 million unique monthly visitors, this is certainly a game-changer for Yahoo if they stick to the plan of not altering the popular micro-blogging website. We will certainly revisit this story as new details arise.

google glass

First Look at Google Glass

In other news, we gained a special sneak peek at the hottest new product of the year- Google Glass. For a mere $1,500, we were given our very own pair to test out however we saw fit and everyone around the office has been buzzing about what these special lenses would do. We are proud to say that after two days of extensive testing, playing, and bragging…we still have no Earthly idea. Sort of.

These special glasses from Google are essentially a combination Wi-Fi controller that connects to your Google accounts on smartphones, tablets, and laptops. While there is a viewable camera mounted above the lenses and a tiny view screen, your video is actually designed to stream over the net or through your Google device. These nifty glasses also let you browse through your phone’s hard drive, make phone calls, and generally make everyone freak out once they realize that you may be fresh off the Borg ship from Star Trek.

While Google Glass is certainly cutting edge technology, you may want to hold off for a little while before trying to secure your own pair of glasses. This initial launch is mainly for tech developers and software testers so that there’s ample time for apps to be built before these beauties hit retail shelves. We’re guessing that these lenses will eventually be used for everything from gaming to video conferencing to…who really knows. We will definitely update you again soon.

Samsung Galaxy S4 Gets Lojack

samsung galaxy s4Our last tidbit of the day is more than just a news story- it’s an adventure! Imagine if you will, that your smartphone suddenly disappeared. Your whole life is packed on that little device; business contacts, calendar events, and even your Aunt Susie’s award-winning recipe for five alarm chili. While this sounds like quite the gloomy tale so far, a quick phone call in the near future to Lojack will completely turn the tides since they will be able to remotely lock down your device, protect all of your sensitive information, and then dispatch a team of cyber-ninjas to locate your smartphone and retrieve it.

While we normally save our final news clip of the day for a far-fetched tech story, this type of service will actually be available from Lojack in upcoming months on many types of Android phones. An initial partnership has already been arranged with Samsung to debut the technology on the Galaxy S4 with other models adopting the tech later this summer. The cost for the entire ninja track-and-recovery service is $29.95 per month with subscription plans ranging from 1-4 years. Although the price is a bit steep, the look on a red-handed criminal’s face would make up for the cost in spades.

Well, that’s all we have for you in This Week in Technology News; be sure to check  back with us next week to see where the world of tech will take us!