Comment on Tumblr to move its half a billion blogs to WordPress

AwesomeLowlander@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

• fpslem@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  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 ⁨3⁩ ⁨weeks⁩ ago

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

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    • downdaemon@lemmy.ml ⁨2⁩ ⁨weeks⁩ ago

      Rich people can always get money

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      • Wirlocke@lemmy.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

        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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    • fpslem@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      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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