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Tumblr has been sold to WordPress parent, Automattic

Last posted Aug 12, 2019 at 10:51PM EDT. Added Aug 12, 2019 at 10:11PM EDT
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>"Six years after Yahoo purchased Tumblr for north of $1 billion, its parent corporation is selling the once-dominant blogging platform."
"Axios is reporting that the asking price for the platform is “well below $20 million,” a fraction of a fraction of its 2013 price tag."
"More recently, a decision to ban porn from the platform has had a marked negative impact on the service’s traffic. According to Sensor Tower, first-time users for Tumblr’s mobile app declined 33% year-over-year last quarter."

Another source said the new company has no plan to remove the porn ban. Idk why you'd want to buy a burning ship, but I guess if its really cheap, there is some valuable assets to be collected.