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Yahoo hires Katie Couric as anchor

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Yahoo has added the star power of Katie Couric to its ranks.

CEO Marissa Mayer confirmed Couric's hiring in a Tumblr post on Monday. The post didn't go into great detail about what Couric's role will entail, but she will be "the face of Yahoo News and [shoot] features for our homepage," Mayer wrote. Yahoo recently purchased Tumblr for $1.1 billion, according to CNNMoney.

Couric likely will end her news role at ABC News but will continue to host her daytime talk show, "Katie," according to the report. Couric will join Yahoo early next year as a global news anchor, according to tech blog AllThingsD.

Read more from CNNMoney.

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