Verizon to sell Tumblr to WordPress owner

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Verizon to sell Tumblr to WordPress owner

Site's value lives up to name.

Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress. The company did not disclose the terms of the deal, however, US news site Axios has reported the social media site may have sold for less ...

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