Ya-who? Flickr and Tumblr Were Lucky!

Huh. Verizon has sold what remains of Yahoo! and AOL.

For half of what they paid for them. 🤦‍♂️

To a private equity firm. 😬

Apparently the division formerly known as Oath and later as Verizon Media Group will be called Yahoo going forward, which is probably a good move.

I’ve got to say, though: Flickr and Tumblr really lucked out that Verizon sold them to companies that actually had something to do with their core service. Flickr went to SmugMug, a photo-sharing company, and Tumblr went to Automattic, a blogging company.

I’d like to think someone at Verizon put in the effort to find a good fit for each. It’s probably more likely that they just weren’t in a hurry at the time, since they still thought they could get something out of the rest of what they bought from Yahoo.

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