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Tumblr to move its half a billion blogs to WordPress(techcrunch.com)

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Nemeski@lemm.ee
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fpslem@lemmy.world
23 points

Like, two owners ago. Wordpress took Tumblr off Verizon’s hands for $3 million USD, ~six years after Yahoo! bought it for $1.1 billion.

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gmtom@lemmy.world
15 points

Where the fuck does yahoo even get money from to do this kind of shit at this point?

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fpslem@lemmy.world
2 points

yahoo

Nowadays, I don’t know that they could, but more than a decade ago they still had enough mail and search users to be somewhat relevant, and Marissa Meyer had just taken over after she left Google. There was a real thought that Yahoo! could so something new. It obviously didn’t pan out, but for a hot minute, people really talked about Yahoo!

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down daemon@lemmy.ml
3 points

Rich people can always get money

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Wirlocke@lemmy.blahaj.zone
4 points

The people can, but companies still need some kind of income to exist. The owners/ceos will just golden parachute away from the corpse

In order to tangibly pay employees/rent/servers a company needs either profits, subsidies, or a ponzi scheme inflated stocks.

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