{"id":9326,"date":"2019-08-13T08:02:40","date_gmt":"2019-08-12T22:02:40","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=9326"},"modified":"2019-08-13T08:02:40","modified_gmt":"2019-08-12T22:02:40","slug":"wordpress-buys-tumblr-for-a-song","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/wordpress-buys-tumblr-for-a-song\/","title":{"rendered":"WordPress buys Tumblr for a song"},"content":{"rendered":"
<\/p>\n
Verizon is set to sell the social network Tumblr to Automattic Inc, the owner of online publishing tool WordPress. A source familiar with the deal puts the price-tag “well below” $20 million.<\/p><\/blockquote>\n
The tumblr football gets passed along yet again.<\/p>\n
Picked up for a lazy US$1.1b by Yahoo during the Marissa Myer years, the ailed
former pornography repository<\/del> microblogging service was then inherited by Verizon as a part of a larger deal.<\/p>\nNew owners Automattic Inc have promised to continue running the platform as a seperate brand and have taken on all 200 employees to continue the service.<\/p>\n