Verizon to sell Tumblr to WordPress' parent company

Hello Tumblr :wave:

Today, Tumblr’s owner, Verizon Media, announced that Automattic plans to acquire Tumblr. Automattic is the technology company behind products such as WordPress.com, WooCommerce, Jetpack, and Simplenote—products that help connect creators, businesses, and publishers to communities around the world.

We couldn’t be more excited to be joining a team that has a similar mission. Many of you know WordPress.com, Automattic’s flagship product. WordPress.com and Tumblr were both early pioneers among blogging platforms.

Automattic shares our vision to build passionate communities around shared interests and to democratize publishing so that anyone with a story can tell it, especially when they come from under-heard voices and marginalized communities.

We look forward to continuing to create products that empower your self-expression and sense of community and that build a better, more inclusive internet.

We’re excited for our future together!

<3 Tumblr

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Buried the lede:

Tumblr lost 99.8% of its value in nine months since getting rid of the porn.

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And I have no idea who this Matt guy is, why or if he’s relevant, why he gave his company such a stupid name, or what the fuck he’s talking about.