• Uriel-238@lemmy.fmhy.ml
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    1 year ago

    Isn’t Tumblr just a shadow of it’s former self because Verizon bought it and killed the NSFW accounts?

    Checking Wikipedia, yeah, Yahoo owned it. Verizon bought Yahoo.

    Yahoo bought Tumblr for $1.1 billion in 2013 Verizon bought Yahoo (which was big and bloated) for $4.83 billion (including Tumblr) in 2017. Automattic (the guys that own Wordpress) bought Tumblr for less than $3 million from Verizon in 2019.

    We don’t quite have enough information to make this a cautionary tale, but it sure smacks of being a cautionary tale.