Tumblr’s latest tumble: A company once valued at $1.1B sells for less than $3m

Tumblr’s latest tumble: A company once valued at $1.1B sells for less than $3m:

Verizon, which has been trying to get rid of Tumblr for months and allegedly considering selling it to Pornhub in May, has finally unloaded the once-mighty blogging platform… for a mere $3m.
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