Verizon announces sale of Tumblr to Automattic, the owner of WordPress
Verizon announces sale of Tumblr to Automattic, the owner of WordPress
Verizon Sells Tumblr to WordPress Owner
13 August, 2019, 14:39
Personal blogging social network Tumblr - a waning haven for artists and fandoms - will exit the portfolio of current owners Verizon and be parted off to Automattic Inc., owners of Wordpress, another blogging platform with social elements, according to the Wall Street Journal.
It's unclear what changes will come under Automattic's leadership, and the two companies behind the deal have yet to disclose any details. "We are excited to add it to our lineup, which already includes WordPress.com, WooCommerce, Jetpack, Simplenote, Longreads, and more". While Tumblr was once a massively popular outlet for blogging and social media, the platform lost its lustre over time to other social media outlets.
Once hailed as the next social media unicorn, Tumblr sold to Yahoo for an astonishing $US1.1 billion ($1.6 billion) despite no clear avenue for the service's profitability. "We are proud of what the team has accomplished and are happy to have found the ideal partner in Automattic, whose expertise and track record will unlock new and exciting possibilities for Tumblr and its users", Verizon Media CEO Guru Gowrappan said in a statement. When Verizon purchased Tumblr in 2017, the company introduced an adult content ban on Tumblr, leading to a huge backlash from users.
Air Canada boosts Transat bid by C$200 million Transat in June accepted Air Canada's earlier all-cash bid of C$13 a share, over a C$14 per share offer from Group Mach. We are therefore very pleased to have received Letko Brosseau's strong endorsement for our transaction.
Some DSLR cameras can be infected with ransomware Do not connect the camera to a PC or mobile device that is being used in an unsecure network, such as in a free Wi-Fi environment. Check Point disclosed the vulnerabilities to Canon, which has issued a security update for its devices .
In a blog post on today's news, Tumblr's staff said: "We couldn't be more excited to be joining a team that has a similar mission". "It is an essential venue to share new ideas, cultures, and experiences, helping millions create and build communities around their shared interests". Automattic will carry on with the porn ban on Tumblr after the acquisition.
In a post on Tumblr, Automattic's CEO said the deal should close within a few weeks.
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Sridevi famously co-starred with Anil Kapoor in Mr India nearly a decade before she married his filmmaker brother Boney Kapoor. Born as Shree Amma Yanger Ayyapan in 1963, she was known for her iconic roles in Hindi movies like "Chandni", "Lamhe", " Mr.
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Scattered storms will move across the foothills, Front Range and eastern Plains in the afternoon and evening. Another high pressure system is expected to follow the rain producing comfortable midweek weather.
CNN host Chris Cuomo went ballistic over a man calling him " Fredo , ' the name of the 'weak" middle brother in The Godfather . Cuomo then asked if any of the people who surrounded him were Italian. "What, what you gonna do about it?" the man asked.
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During his pro career, he spent one year with the Boston Celtics before being included in Boston's 2007 trade for Kevin Garnett. Telfair was sentenced to three and a half years in prison on Monday after being convicted in April.
The statement said: "The Lucie Blackman Trust can confirm a body has been found in the search for Nora Quoirin". They believe she was abducted, but Malaysian police have to this point classified it as a missing person case.
The children haven't been formally identified, but the Erie Fire Department says the dead range in age from 8 months to 7 years. Still, the day care received a full fire inspection on December 28, 2018, and was found to be in compliance.
Bayern Munich sign Ivan Perisic on loan from Inter Milan
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Mojang cancels Minecraft Super Duper Graphics Pack
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Man City star Sterling offered £100M endorsement deal
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Apple's $1 Million Bug Bounty Comes Under Fire
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You can buy a lifetime pasta pass at Olive Garden
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Goldman Sachs lowers U.S. fourth quarter GDP forecast
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Hong Kong airport suspends check-ins due to protests
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Taylor Swift Has a New Song Coming on Friday!
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