this post was submitted on 28 Aug 2024
349 points (98.3% liked)
Technology
59377 readers
4005 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- 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, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They summarised the history of Tumblr, but failed to mention how they lost 3 quarters of their users by banning porn?
Like, two owners ago. Wordpress took Tumblr off Verizon's hands for $3 million USD, ~six years after Yahoo! bought it for $1.1 billion.
Where the fuck does yahoo even get money from to do this kind of shit at this point?
Rich people can always get money
The people can, but companies still need some kind of income to exist. The owners/ceos will just golden parachute away from the corpse
In order to tangibly pay employees/rent/servers a company needs either profits, subsidies, or ~~a ponzi scheme~~ inflated stocks.
Nowadays, I don't know that they could, but more than a decade ago they still had enough mail and search users to be somewhat relevant, and Marissa Meyer had just taken over after she left Google. There was a real thought that Yahoo! could so something new. It obviously didn't pan out, but for a hot minute, people really talked about Yahoo!