March 28, 2024

Web and Technology News

Tumblr CEO publicly spars with trans user over account ban, revealing private account names in the process

Matt Mullenweg, CEO of Tumblr owner Automattic, is supposed to be on sabbatical. Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked communitywide outcry and accusations of transphobia. Over the las…

Automattic CEO Matt Mullenweg talks future of Tumblr, with algorithmic choice, AI enhancements and more

Matt Mullenweg, CEO of Automattic, the company behind WordPress.com and other online publishing tools, is offering a glimpse into Tumblr’s future — the blogging site Automattic acquired from Verizon in 2019. On the Evening Standard’s “How to be a CEO” podcast, the WordPress founder offered a vision of Tumblr’s future direction, including its embrace of […]

Tumblr is losing $30M each year, CEO says

If we’ve learned anything from this past year of Twitter clones, CEO fights, shitposting and bad, money-grabbing policies, it’s this: making a social media company profitable is hard! After rolling out some unpopular features, Tumblr is now trying to “build in public” and be more transparent about the business behind the fandom-driven platform. In a […]

Tumblr is losing $30M each year, CEO says by Amanda Silberling originally published on TechCrunch

Tumblr’s only viable business model is shitposting

As Elon Musk struggles to make people give Twitter $8 a month for a blue check, Tumblr had an idea: what if they offered users $8 for not one, but two blue checks? Yes, you can legitimately buy two blue checks for your Tumblr blog. For the low, low price of $7.99. As Tumblr wrote in […]

Tumblr’s only viable business model is shitposting by Amanda Silberling originally published on TechCrunch

Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation

VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an estimated 30% of all internet consumers globally to use a VPN at some point this year. Now Nord […]