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Tumblr is losing $30M each year, CEO says
(techcrunch.com)
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this post was submitted on 12 Jul 2023
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I assume payment processors is also the reason why Verizon banned porn, although i don't think they talked about it like the wurrent owners do.
Wordpress bought Tumblr in 2019 for, allegedly, 3M$, which is a huge discount, and they've done a good job running the place so far.