Automattic (Wordpress.com) has purchased Tumblr

https://poststatus.com/automattic-has-purchased-tumblr/

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Automattic, WordPress.com owner, acquires Tumblr

Automattic, the makers of WordPress.com, purchased Tumblr from Verizon for ~$3 million, compared to the staggering $1.1 billion Yahoo! paid.

Post Status
"Mr. Mullenweg said his company intends to maintain the existing policy that bans adult content"
@Gargron Honestly? One of the best companies that could have acquired Tumblr. A shame they don't seem interested on improving its policies (yet).
@Gargron then what's the point of paying for it
@Almafeta @Gargron At the very least, buying out Wordpress' biggest direct competitor.
@espectalll @Gargron ah, that makes sense. Probably going after Tumblr not for the content but their custom domain+user friendly CMS business.
@Almafeta @Gargron well, and the fact that it still has an userbase, one which has no reason to switch over to Wordpress because it's not even the same thing 
@Almafeta @espectalll @Gargron Ironically, Wordpress, which started as a blogging platform, is now a rubbish blogging platform. Tumblr is still good once you strip away the crappy so-called “improvements” AOL & Yahoo made.
@Gargron People should switch to https://wordpress.org .
Blog Tool, Publishing Platform, and CMS - WordPress.org

Open source software which you can use to easily create a beautiful website, blog, or app.

WordPress.org
@ftl0 Because you install the software, on you own webspace and therefore have full control over it and your content.
@svenbrier Asked and answered! Thanks.

@Gargron Matt's quote is important context: "Adult content is not our forte either, and it creates a huge number of potential issues with app stores, payment providers, trust and safety… it’s a problem area best suited for companies fully dedicated to creating a great experience there. I personally have very liberal views on these things, but supporting adult content as a business is very different.”

My take: while not a rescue for that community, this is overall good for Tumblr and the web.

@Gargron Matt's a good egg. We were in the same gang of geeky friends at the start of the century, and while we haven't stayed close, everything I know says he remains a decent human. He was certainly quietly kind and supportive with my big migration to Wordpress.com from Typepad (3500+ posts & over 8000 media files, which his team helped me move). And Automattic does a lot of really important legal work for the web (including amicus briefs).
@metagrrrl @Gargron good is a strong term for it. More like "the stance has gone from hostile to apathetic".
@Calpsotoma My “overall good” refers to the acquisition not to the adult content community.
@Gargron on the plus side, I bet the company who implemented the ban is selling it at a loss.
#pettyconsolences