Verizon is selling Tumblr to WordPress.com parent, Automattic

Six years after Yahoo purchased Tumblr for north of $1 billion, its parent corporation is selling the once-dominant blogging platform. WordPress owner Automattic Inc. has agreed to take the service off of Verizon’s hands. Terms of the deal are undisclosed, but the number is “nominal,” compared to its original asking price, per an article in … Continue reading Verizon is selling Tumblr to WordPress.com parent, Automattic