Verizon dumped the blogging site Tumblr this week for a massive loss, an admission by the wireless company that its ambitious media expansion plans haven’t yet met expectations. The sale to WordPress.com’s parent Automattic was reported to be for $3 million, according to Axios, a paltry sum compared to the $1.1 billion Yahoo paid in […]


Know more, do more.

You'll get access to all of our original analysis, exclusive features, and more for just $9.

RELATED ARTICLESMORE FROM AUTHOR