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By TechCrunch on Aug 22, 2019 in: Media, Social, WordPress
After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure wh...
By TechCrunch on Aug 18, 2019 in: Disney, Facebook, Google, social media, Software, WordPress
Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on TechCrunch this week to surface my favorites for your reading pleasure. Last...
By Boing Boing on Aug 16, 2019 in: Wordpress
Tumblr is being sold to WordPress parent company Automattic for a reported price of "less than $3m," a substantial decline from the $1.1B Yahoo paid for the company in 2013 (Yahoo subsequently sold Tumblr and several other startups it had overpaid fo...
By TechCrunch on Aug 13, 2019 in: WordPress
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Verizon is selling Tumblr to WordPress.com p...
By Boing Boing on Aug 12, 2019 in: Business, Wordpress
Automattic (beloved parent company of WordPress) is buying Tumblr from Verizon (loathesome parent company of Oath, a division named because its users are generally angry enough to swear at it), at a price "well below" $20m (which is well below the $1...
By Engadget on Aug 12, 2019 in: internet, social networking, wordpress
The rumors of Verizon selling Tumblr turned out to have merit. Verizon (Engadget's parent company) is selling the social network to Automattic, the company behind the blogging tool WordPress. It's not disclosing the size of the deal, but...
By TechCrunch on Aug 12, 2019 in: WordPress
Six years after Yahoo purchased Tumblr for north of $1 billion, its parent corporation is selling the once-dominant blogging platform. WordPress owner Automattic Inc. has agreed to take the service off of Verizon’s hands. Terms of the deal are undi...