WordPress' parent company Automattic will buy Tumblr from Verizon for an undisclosed amount - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Monday, 12 August 2019

WordPress' parent company Automattic will buy Tumblr from Verizon for an undisclosed amount


Back in May, news broke that Verizon was looking to sell unprofitable web property Tumblr, after making an unpopular business call that caused 100 million users to leave the platform in the span of a single month. The carrier had acquired it from Yahoo in 2017 for $350 million, and...

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