What Happened to Tumblr?
Tumblr was once one of the biggest names in social media, trailing only the likes of Facebook and Twitter. They were purchased in 2013 by Yahoo for $1.1 billion, but times have changed for the blog platform. The former giant was sold to Automattic, the parent company of WordPress, for a mere $3 million. What happened to cause such a precipitous decline?
Find out what Daniel Litwin and Tyler Kern has to say on this snippet from Business Casual.
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