Comment on Tumblr to move its half a billion blogs to WordPress
fpslem@lemmy.world 2 months agoLike, two owners ago. Wordpress took Tumblr off Verizon’s hands for $3 million USD, ~six years after Yahoo! bought it for $1.1 billion.
Comment on Tumblr to move its half a billion blogs to WordPress
fpslem@lemmy.world 2 months agoLike, two owners ago. Wordpress took Tumblr off Verizon’s hands for $3 million USD, ~six years after Yahoo! bought it for $1.1 billion.
gmtom@lemmy.world 2 months ago
Where the fuck does yahoo even get money from to do this kind of shit at this point?
downdaemon@lemmy.ml 2 months ago
Rich people can always get money
Wirlocke@lemmy.blahaj.zone 2 months 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 schemeinflated stocks.fpslem@lemmy.world 2 months ago
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!