Tumblr is reportedly on life support as its latest owner reassigns staff

L4sBot@lemmy.worldmod to Technology@lemmy.world – 118 points – Owner of Tumblr confirms site’s shift from “surging” to “small and focused”
arstechnica.com

Tumblr is reportedly on life support as its latest owner reassigns staff::CEO confirms Tumblr has lost "well north of $100M" since acquisition.

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