Sunday, 18 August 2019

Verizon looks to offload Tumblr

By Chris Kelly, Total Telecom
Friday 03 May 19

Verizon's media division has struggled to make a profit in recent months, forcing the company to re-evaluate its situation

US Telco, Verizon, is believed to be looking to sell its 100 per cent stake in online blogging forum, Tumbler, after the recently acquired platform failed to make a profit in 2018. Verizon acquired Tumblr for $4…

US Telco, Verizon, is believed to be looking to sell its 100 per cent stake in online blogging forum, Tumbler, after the recently acquired platform failed to make a profit in 2018. Verizon acquired Tumblr for $4…

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