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12 bookmarks. First posted by bperrier 7 days ago.


Verizon agrees to sell Tumblr to owner of Wordpress | Axios
from twitter
6 days ago by philrj
"Einmal 200 Mitarbeiter bitte."
"Das macht dann drei Millionen."
🤦‍♂️
from twitter
7 days ago by grzbielok
Verizon is set to sell the social network Tumblr to Automattic Inc, the owner of online publishing tool Wordpress. A source familiar with the deal puts the price-tag "well below" $20 million, while another source puts it below $10 million.

The big picture: Tumblr, while unprofitable, hosts more than 450 million blogs and was once considered a major player in the social media space. The network was acquired by Yahoo for $1.1 billion in 2013, before moving under Verizon's umbrella through the carrier's acquisition of Yahoo in 2017. Verizon's desire to sell Tumblr had been previously known, but as of May, Pornhub had been the only bidder to show public interest.

Automattic Inc. will buy the network and take on its 200 employees.

Between the lines: Tumblr has faced backlash over the years for not properly monitoring pornographic content, which Verizon ultimately banned last year. Automattic's Chief Executive Matt Mullenweg told the Wall Street Journal that he plans to maintain the ban.
gym  deals  fail  blogs 
7 days ago by dancall
WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; Axios source says it sold for “well below” $20 million
7 days ago by joeo10
Favorite tweet:

Automattic paid peanuts for Tumblr. Source familiar puts it well south of $20 million.

Reminder: Yahoo paid $1.1 billion for it.https://t.co/N63c5y3MEh

— Dan Primack (@danprimack) August 12, 2019
IFTTT  Twitter 
7 days ago by chetan
Verizon agrees to sell Tumblr to owner of Wordpress by via https://ift.tt/2KGhrmx
IFTTT  NewsBlur 
7 days ago by acdha
Favorite tweet:

Automattic paid peanuts for Tumblr. Source familiar puts it well south of $20 million.

Reminder: Yahoo paid $1.1 billion for it.https://t.co/N63c5y3MEh

— Dan Primack (@danprimack) August 12, 2019
IFTTT  Twitter 
7 days ago by Ryanvlower
Automattic paid peanuts for Tumblr. Source familiar puts it well south of $20 million.

Reminder: Yahoo paid $1.1 billion for it.https://t.co/N63c5y3MEh

— Dan…
from instapaper
7 days ago by mathewi
RT : Source tells Axios that Verizon sold Tumblr for less than $20 million.

It was sold to Verizon for $1.1 billion.
from twitter
7 days ago by bperrier