Verizon Sells Early Social-media Darling Tumblr

NEW YORK (AP) — Verizon is selling Tumblr, a darling of early social media, to the owner of blogging platform WordPress. Tumblr is known for its devoted fan base and has been home to angry posts from celebrities like Taylor Swift. It angered many users last year when it banned porn and “adult content,” which made up a big part of its highly visual and meme-friendly online presence. But well before that, the site has already been drifting in the face of competition from Facebook and its Instagram service and from Google’s YouTube.

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