WordPress could give Tumblr the thing it needs most: stability

Tumblr

Axios reported that Automattic purchased Tumblr, which launched in 2007, for “well below” $20 million; Axios business editor Dan Primack added in a tweet that the sale price was in fact below $3 million, and Recode's Peter Kafka tells Vox that sources say ...

Continue reading on Vox

More articles about Tumblr

What Will Happen To My Tumblr Account? The Platform Is Getting A New Owner

3 days ago by Bustle

Tumblr lovers across the world are in for some big news: the social networking platform was sold by Verizon, according to The Wall Street Journal. Automattic Inc., the company behind WordPress, was the one to buy it. And though most of the details around ...

Continue reading
What Will Happen To My Tumblr Account? The Platform Is Getting A New Owner

Daily Crunch: Verizon is selling Tumblr

3 days ago by TechCrunch

Since then, Yahoo was acquired in turn by Verizon, and now Verizon is selling Tumblr for what's been variously reported as a “nominal” price and “well below $20 million.” While it may be simplistic to peg the service's declining value to any single decision, ...

Continue reading
Daily Crunch: Verizon is selling Tumblr

Verizon Sells Tumblr to WordPress Owner for Paltry $3 Million

4 days ago by ExtremeTech

Companies exist to make money for the owners and shareholders, and they'll often do it at the expense of basic morality and common sense. That's why the rise and fall of Tumblr is so perplexing. Verizon has announced that it's selling the blogging platform to ...

Continue reading
Verizon Sells Tumblr to WordPress Owner for Paltry $3 Million

Tumblr Reportedly Bought For Same Price As Modest-Looking Silicon Valley Home

4 days ago by CBS San Francisco

SUNNYVALE (CBS SF) – Tumblr, a blogging service that was sold to Yahoo in a billion-dollar deal six years ago, was sold again reportedly at a fraction of its onetime value. Verizon, which acquired Sunnyvale-based Yahoo's assets in 2017, sold Tumblr on ...

Continue reading
Tumblr Reportedly Bought For Same Price As Modest-Looking Silicon Valley Home

The sad demise of Tumblr: How the $1bn social network ended up selling for less than $3m

4 days ago by Telegraph.co.uk

Months after purchasing Summly, Mayer also snapped up Tumblr for $1.1bn. A second high-profile acquisition in months gave Yahoo the credibility of a tech giant spotting trends and bringing them in house, even if Mayer may have spent way over the odds in ...

Continue reading
The sad demise of Tumblr: How the $1bn social network ended up selling for less than $3m

WordPress' Parent Company Acquires Tumblr for Shockingly Low Sum

4 days ago by Search Engine Journal

Automattic Inc., owner of WordPress.com, has acquired Tumblr for what is reported to be very low sum. The Wall Street Journal reported that Tumblr was acquired for an “undisclosed sum,” however, it was soon revealed the sum was “well below” $10 million.

Continue reading
WordPress' Parent Company Acquires Tumblr for Shockingly Low Sum

Verizon Sells Off Early Social-Media Darling Tumblr

4 days ago by Billboard

Verizon is selling Tumblr, a darling of early social media, to the owner of blogging platform WordPress. Tumblr is known for its devoted fan base and has been home to angry posts from celebrities like Taylor Swift . It angered many users last year when it ...

Continue reading
Verizon Sells Off Early Social-Media Darling Tumblr

Tumblr once sold for $1.1 billion. The owner of WordPress just bought the site for a fraction of that.

4 days ago by Washington Post

Tumblr, the one-time darling of social media, sold for a whopping $1.1 billion in 2013. On Monday, in perhaps the latest mark of its decline, the site was reportedly bought for just $3 million. Twitter didn't miss a beat in pointing out that Tumblr's reported sales ...

Continue reading
Tumblr once sold for $1.1 billion. The owner of WordPress just bought the site for a fraction of that.

A look at Tumblr's fall as it changes hands once again

4 days ago by Axios

Why it matters: For Verizon, selling Tumblr was a fire sale for tax purposes. It also was another way to unload media assets that don't seem to interest Hans Vestberg, who became CEO after the Yahoo purchase. Yes, Yahoo screwed it up. But Verizon did no ...

Continue reading
A look at Tumblr's fall as it changes hands once again

Wordpress owner buys Tumblr from Verizon

4 days ago by TechRadar

Automattic will doubtlessly see Tumblr as a key part in its bid to strengthen its online operations. Although the site is unlikely to be profitable in the short term, Tumblr still hosts over 450 million blogs, meaning it remains one of the web's largest such sites.

Continue reading
Wordpress owner buys Tumblr from Verizon

Tumblr gets new owner, but still no adult content

4 days ago by cleveland.com

CLEVELAND, Ohio – Verizon has agreed to sell Tumblr to Automattic Inc., owner of WordPress. The deal comes after Verizon purchased Tumblr from Yahoo in 2017. It's rumored that the Verizon-Automattic deal was for less than $3 million, which is far below ...

Continue reading
Tumblr gets new owner, but still no adult content

Verizon sells blog platform Tumblr to Auttomattic

4 days ago by UPI.com (blog)

Aug. 13 (UPI) -- Verizon said Tuesday it will sell microblogging platform Tumblr to Auttomattic, consolidating it with two companies that are "philosophically aligned." Verizon paid $1.1 billion for Tumblr two years ago, but will receive a fraction of that amount ...

Continue reading
Verizon sells blog platform Tumblr to Auttomattic

WordPress adquiere Tumblr por sólo 20 millones de dólares

4 days ago by Pisapapeles (blog)

Tumblr cambió de dueño durante este lunes. Esto fue revelado por el CEO de Automattic, la empresa detrás de WordPress, por medio de una publicación en su nueva plataforma, hasta ahora propiedad de Verizon. Si bien la cifra de esta adquisición no fue ...

Continue reading
WordPress adquiere Tumblr por sólo 20 millones de dólares

Tumblr sold for less than the world's most expensive fish

4 days ago by The indy100

In 2013, Yahoo purchased Tumblr for over a billion dollars. In December of last year, Tumblr announced a ban on “adult content”. Fast forward to this week, and the site has reportedly just sold to the owner of Wordpress for less than $3 million. It...hardly seems ...

Continue reading
Tumblr sold for less than the world's most expensive fish

Verizon vende Tumblr a la matriz de WordPress

4 days ago by ElTiempo.com

"Tumblr es una marca destacada que ha arrancado movimientos, ha permitido que florezcan las verdaderas identidades y se ha convertido en el hogar de muchas comunidades creativas y clubes de fans", afirmó el consejero delegado de Verizon Media, ...

Continue reading
Verizon vende Tumblr a la matriz de WordPress

Nuevo dueño: La red Tumblr ha sido vendida a Wordpress por "muy ...

4 days ago by RPP

La novela de Tumblr luego del bloqueo del contenido pornográfico parece llegar a una nueva temporada. Atomattic, la marca madre de Wordpress, ha decido adquirir la división de Tumblr y sus activos a su actual dueño, la operadora Verizon, por una cifra ...

Continue reading
Nuevo dueño: La red Tumblr ha sido vendida a Wordpress por "muy ...

Tumblr: Yahoo la compró por u$s1.110 millones y Verizon la vendió ...

4 days ago by iprofesional.com

Yahoo pagó por Tumblr 1.100 millones de dólares en 2013. Automattic, la empresa creadora del popular gestor de blogs y publicaciones en línea Wordpress, ha terminado comprándola cinco años después por menos de tres millones. Así se pueden resumir ...

Continue reading
Tumblr: Yahoo la compró por u$s1.110 millones y Verizon la vendió ...

The Morning After: Tumblr has a new owner

4 days ago by Engadget

Hey, good morning! Welcome to Tuesday! Sony's newest product is a giant touchscreen for your car, Microsoft wants more people to subscribe to its Office products and Engadget's corporate sibling, Tumblr, is being sold to the owners of Wordpress. No, porn ...

Continue reading
The Morning After: Tumblr has a new owner

The Tumblr tumble

4 days ago by Financial Times

Remember Tumblr? The microblogging site which, for a brief period earlier this decade, seemed like a potential challenger to the established social media platforms. It was so popular, in fact, that even perennial latecomers to the party Alphaville set up a page ...

Continue reading
The Tumblr tumble

Verizon is Selling Tumblr to Parent Company of WordPress, for a Deal Reportedly Far Less Than 2013's $1.1 Billion Sale

4 days ago by Inc.com

The deal marks the latest change of ownership for Tumblr, a social-media infused blogging platform that at one time ranked among the web's hottest properties. Launched in New York in 2007 by web enterpreneur David Karp, Tumblr quickly became popular ...

Continue reading
Verizon is Selling Tumblr to Parent Company of WordPress, for a Deal Reportedly Far Less Than 2013's $1.1 Billion Sale

Tumblr was bought for the same price as a modest family home in San Francisco

4 days ago by TNW

Yesterday, Automattic, the creator of WordPress, announced it had acquired Tumblr for “less than $3 million” from its previous owner, Yahoo. It's an inauspicious fall from grace for the site, which was previously sold to the search giant for $1.1 billion. Why did ...

Continue reading
Tumblr was bought for the same price as a modest family home in San Francisco

Tumblr to get third owner in six years

4 days ago by WPLG Local 10

SAN FRANCISCO - Tumblr, the blogging site that has been a hub for the internet's most weird, wonderful and occasionally worrisome content, is getting yet another new home. Verizon said Monday it has agreed to sell Tumblr to Automattic, the parent ...

Continue reading
Tumblr to get third owner in six years