0
Broadband

Verizon sells Tumblr to WordPress owner Automattic

Tuesday 13 August 2019 | 07:24 CET | News
Verizon has agreed to sell the blogging website Tumblr to Automattic, the owner of online-publishing tool WordPress.com. A source familiar with the deal put the price-tag "well below" USD 20 million, while another source put it below USD 10 million, Axios reported separately. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet
Companies: Tumblr / Verizon
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Yahoo updates Mail app with new 'views' to group mails, customise alerts

Published 23 Sep 2019 16:24 CET | World
Yahoo unveiled a new version of its Mail app, which it says will help users organise better their inbox. The new design groups ...

Verizon Up offers new deal, giveaways ahead of NFL kickoff

Published 15 Aug 2019 10:26 CET | United States
Verizon's customer loyalty programme Verizon Up is offering a new deal for members and giveaways ahead of the official NFL ...

Verizon verkoopt Tumblr aan Wordpress-eigenaar Automattic

Published 13 Aug 2019 08:27 CET | United States
Verizon verkoopt blogging-website Tumblr aan Automattic, de eigenaar van online-publishing tool WordPress.com. Volgens een bron ...

Verizon announces new Verizon Media tech hub at San Jose campus

Published 24 Jul 2019 09:38 CET | United States
Verizon announced plans to co-develop and lease to purchase a new campus for its Verizon Media workforce, built from the ground ...

Verizon seeks buyer for Tumblr - report

Published 03 May 2019 10:03 CET | World
Verizon is seeking a buyer for blogging website Tumblr, as part of its efforts to improve results at its Verizon Media division, ...

Verizon Media announces global studio expansion

Published 18 Apr 2019 20:44 CET | World
Verizon Media announced an expansion of new studios for its global portfolio of premium brands including Yahoo, HuffPost, ...

Verizon launches programmatic ad options for digital screens

Published 05 Apr 2019 13:40 CET | United States
Verizon Media has introduced a way for DSP customers to place ads across digital screens in public spaces. The new Digital ...

Oath, Altaba start new life as Verizon closes Yahoo buy

Published 14 Jun 2017 09:17 CET | United States
Verizon Communications has completed its acquisition of Yahoo's web assets for USD 4.48 billion. The operations have been ...

Yahoo! completes acquisition of Tumblr

Published 20 Jun 2013 21:11 CET | World
Yahoo! has announced it has completed its acquisition of Tumblr. The combination of Tumblr and Yahoo! is expected to grow ...