Verizon to sell Tumblr to WordPress owner Automatic Inc.

-

verizon to sell tumblr to wordpress owner automatic

Verizon announced that it agreed to sell Tumblr to WordPress owner Automatic Inc. The terms of the deal weren’t disclosed; however, Axios reported that Automatic is going to buy it for “well below” $20 million.

[wpinsertshortcodead id=”bzyqm5d3e04029f48f”]

Tumblr is a marquee brand that has started movements, allowed for true identities to blossom and become home to many creative communities and fandoms. We are proud of what the team has accomplished and are happy to have found the perfect partner in Automattic, whose expertise and track record will unlock new and exciting possibilities for Tumblr and its users.
-Verizon Media CEO Guru Gowrappan

Tumblr was once an extremely prominent force in the blogging and social media sphere; however, it ends up being less so under Yahoo and then Verizon’s ownership. Platforms like Instagram, Snapchat, and YouTube moved to fill the space and end up being much bigger cultural forces as an outcome.

When Verizon chose to prohibit adult content on the platform back in December, that ended up being extremely obvious to Verizon management last year. Tumblr acted as a safe house for lots of LGBTQ members who utilized the platform to check out and reveal their sexuality and to discover an online neighborhood that shared those interests. The choice to prohibit all kinds of adult material led numerous to boycott the website, and the restriction pushed away a substantial part of Tumblr’s user base.

[wpinsertshortcodead id=”zxikm5d3e04a8f1451″]

Automatic CEO Matt Mullenweg said:

Tumblr is one of the Web’s most iconic brands. It is an essential venue to share new ideas, cultures, and experiences, helping millions create and build communities around their shared interests. We are excited to add it to our lineup, which already includes WordPress.com, WooCommerce, Jetpack, Simplenote, Longreads, and more.

Also read: Jio to offer 4k TVs with Jio Fiber plan and partnered with Microsoft

For the latest tech news and updates about technology follow Whooptous on FacebookTwitter and Pinterest.

Whooptous News Desk
We are a group of Engineers who are tech enthusiasts and like to make people aware of the latest technologies and how it may also help people to enhance and improve life. We dig deep into the below-ground depths of technological understanding, digging up the most vital, behind-the-scenes information. Contact Whooptous staff at [email protected] or by filling the Contact Form.

Follow us

1,465FansLike
1,110FollowersFollow

Trending

Windows 10 black screen

How to fix black screen issue on Windows 10 by troubleshooting connection problems and...

0
On Windows 10, a black screen can take place for a number of factors. It can be connected...
microsoft build 2020

Microsoft Build 2020 Developer Conference from May 19-21

0
Microsoft announced the dates for its flagship event Microsoft Build 2020 developer conference which are going to takes place next year.
Windows 10 optional cumulative update

Optional cumulative update KB4550945 for Windows 10 version 1909 and 1903

0
Microsoft releases new optional patch updates KB4550945 for Windows 10 version 1909 and 1903 following the Patch Tuesday of this month, which is a week ago.
Microsoft flaunts new Windows logo and redesigned app icons- feature image

Microsoft flaunts new Windows logo and redesigned app icons

0
Recently, Microsoft has published a post in Medium about the new Office icons. The company redesigned the icons to cop up with the changing world.

Intel 10th Generation Processors “Comet Lake” Line-up leaked

0
Earlier AMD's Ryzen 7 3000 family, providing a body blow to Intel's whole high-end product stack. The...