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Verizon Sells Tumblr to Wordpress' Parent Company

Verizon said Monday it’s selling Tumblr to Automattic Inc. the parent company of WordPress, in a deal that will give the fading blogging platform its third owner in the last six years. The deal comes at a major discount, with Automattic spending less than $20 million for it, according to Axios. Yahoo paid $1.1 billion for Tumblr in 2013.Author: Sean Burch…

Verizon Sells Tumblr to WordPress Parent Company HYPEBEAST

Aug 13, 2019 · Following a mass user exodus, Verizon Media has now sold Tumblr to WordPress’s parent company for less than $20 million USD. The sales comes after the iconic site went through a major adult and NSFW content ban which to many changed the microblogging and social networking, for many far too drastically.Founder: Kevin Ma…

Verizon selling blogging site Tumblr to WordPress owner ...

Verizon is selling blogging site Tumblr to Automattic, the parent company of other blogging site WordPress, the companies announced on Monday. The financial terms of the deal were not announced, but according to Axios, the price was less than $20 million — a remarkable discount to the $1.1 billion that Tumblr sold for in 2013.Author: Megan Hernbroth…

WordPress.com Parent Company Automattic Releases New Happy ...

Jan 15, 2020 · The WordPress parent company Automattic has launched Happy Tools for companies with globally distributed personnel. The company is planning to turn internal tools into actual products with new work collaboration tools. The initial Happy Tools product is a Happy Schedule. It is a calendar-based time management app built to assist in managing the scheduling of employees and handling ……