Technology

WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for "well below" $20M (Ursula Perano/Axios)

Ursula Perano / Axios:
WordPress.com owner Automattic says it will buy Tumblr from Verizon, taking on ~200 staffers, and will keep the porn ban; source: it sold for “well below” $20M  —  Verizon is set to sell the social network Tumblr to Automattic Inc, the owner of blog site and publishing tool WordPress, the Wall Street Journal reports.

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