TechnologyEnglish · 2 years ago

Tumblr is losing $30M each year, CEO says

cross-posted to:
news@lemmy.kensand.net

343

Tumblr is losing $30M each year, CEO says

TechnologyEnglish · 2 years ago

cross-posted to:
news@lemmy.kensand.net

Tumblr head Matt Mullenweg also assuaged users fears by confirming that the platform will not remove its chronological feed.

Chat

giantofthenorth
link
fedilink
English
arrow-up
7·
2 years ago
Unless they’re just pissing away money on high level management I cannot imagine how all of these social media companies have been unprofitable.

Technology

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

5.05K users / day
11.8K users / week
21.3K users / month
36.9K users / 6 months
35.5K local subscribers
67.4K subscribers
14.2K Posts
623K Comments
Modlog