Oh, the tangled web of tech acquisitions! Does Yahoo still own Tumblr? Well, let’s dive into this delightful rabbit hole of corporate maneuvering and financial turmoil. Picture this: it’s 2016, and Yahoo is having a rough patch. They just reported a staggering net loss of $4.44 billion in Q4 2015—cue the pity party—and, in a desperate act of damage control, they slashed the value of Tumblr by a whopping $230 million. Ouch!
Now, hold on to your hats because the plot thickens! By 2017, Yahoo (now looking more like a sad, forgotten relic of the internet past) decided it was time to let Tumblr fly free. They sold the microblogging platform to Verizon, because, why not? It was time for Verizon to cultivate its own little corner of the internet. Fast forward to September 15, 2022—if you’re keeping score on Tumblr’s ownership status, Yahoo had long exited the picture and was just a distant memory, echoing from the chambers of the past.
So, to put it simply, Yahoo hasn’t owned Tumblr for a good while now, and it’s probably better that way. The Tumblr we know today doesn’t carry the corporate weights of Yahoo or Verizon but is striving to find its unique identity in an ever-evolving digital landscape.
In the end, the ownership saga of Tumblr is just one wild adventure in the world of tech. While Yahoo’s nostalgic remnants may still linger in our hearts (or at least in our “Remember When” conversations), the little blogging platform with a penchant for gifs and memes has danced away into a new era, far from the clutches of its former corporate overlords. So, if you’re rummaging through the digital archives for Yahoo’s shadow looming over Tumblr, you might as well pack up and go home because it’s a hard pass!
