WordPress Owner Automattic Buys Tumblr

Verizon has agreed to sell micro-blogging website Tumblr to WordPress owner Automattic Inc, Wall Street Journal reports. The price amount for the deal is yet to be known. However, according to Axios, it’s well under $10 million. This is not even one-third of the price Yahoo paid when it acquired Tumble 6 years ago. “We […]