Verizon sells Tumblr for a pittance of what it was once worth

“Tumblr’s fortunes declined with Yahoo’s, which sold for a fraction of its erstwhile value to Verizon in 2017. Under Verizon, Tumblr’s introduction of an NSFW content ban in late 2018 was followed by an exodus of kinky blogs, and a roughly one-third traffic drop by April 2019. Automattic also forbids porn on sites it hosts. But Tumblr may have better prospects with an owner who actually wants it, rather than a conglomerate that got stuck with it.”

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Source: ncsf

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