Verizon has unloaded Tumblr to Automattic Inc., the owner of online publishing software maker WordPress. The report from Axios says Automattic paid a micro price for the microblogging site—less than $20 million. When Yahoo bought the company in 2013 it paid upwards of $1 billion. But Yahoo floundered in the following years and sold to Verizon in 2017. Now, with Verizon increasingly looking...
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The Weekend culture policy
Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok
Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
Amazon Fresh Hikes Grocery Delivery Fees
Shopify CTO Departs Following Layoffs of Technical Leaders
Bankrupt Online Wine Seller Winc Finds Buyer For Assets
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