Tumblr blogs can be linked with custom domain names.Posts can be reblogged and liked by followers directly from the dashboard menu.Tumblr dashboard serves both as a publishing platform and an aggregate reader.Many online criticized and commented on the sale price (examples below). On August 12th, 2019, The Wall Street Journal reported that Wordpress owners Automattic had purchased Tumblr from Verizon for $3 million, a loss of nearly a billion dollars when compared to the $1.1 billion Yahoo purchased Tumblr for in 2013.Īutomattic chief executive Matt Mullenweg said the site would continue uphold its content moderation policy and that the site would remain largely unchanged. User weirdmageddon wrote that the move was concerning, as "there are minors on this site and pornhub steals from sex workers," gaining over 500 notes. User bob-newby-superhero wrote "Can I get a Hell yeah For our new overlords PORNHUB," gaining over 1,400 notes (shown below, left). On Tumblr, users reacted with a mix of confusion and excitement about the rumor. Pornhub had previously joked on Twitter that they welcomed Tumblr's adult content makers after Tumblr banned adult content. While Verizon has yet to comment on the matter as of May 3rd, 2019, Buzzfeed reported that Pornhub was "extremely interested" in acquiring Tumblr. On May 2nd, 2019, The Wall Street Journal reported that Verizon was looking to sell Tumblr. Under Verizon, Tumblr placed a ban on adult content which caused an immediate drop in Verizon's stock price. Verizon TenureĪfter Verizon purchased Yahoo in June 2017, Tumblr went under the the ownership of Verizon. By early afternoon on May 19th, AllThingsD, The Wall Street Journal, Forbes, TechCrunch, Fast Company, PC World, NY Times, Digital Trends and many other tech-related news blogs reported that the boards of both companies had approved Yahoo's acquisition of Tumblr for $1.1 billion, which was confirmed by the official announcement on May 20th. On May 16th, 2013, the tech news site AllThingsD reported that Yahoo! may be seeking to acquire Tumblr for as high as $1 billion, citing multiple anonymous sources that are close to the situation. It was celebrated with a script raining confetti on a user's dashboard. On September 9th, 2011, the 10 billionth Tumblr post was made. They’re the worst platforms.” Tumblr, says Mr. Artists and producers have YouTube, and musicians are relegated to MySpace. “Before that we were thinking students and young people, but it’s much easier to target an adult who wants to express themselves online. “Right now, we’re going after artists,” said Mr. In the Observer interview, Karp acknowledged that they were targeting a young demographic: According to an article by The New York Observer from January 15th, 2008, the name was inspired by the word "tumblelog", a term for micro-blogging that Karp discovered when he was 19. The site was founded in 2007 and was originally funded by Karp's personal earnings as a software consultant for the parenting site UrbanBaby.
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