instant messaging

  • Tumblr Is in the Red and Losing $US30 Million Every Year

    Tumblr Is in the Red and Losing $US30 Million Every Year

    Once the go-to spot for teens wearing Doc Martens and suffering from a taste in alternative music, Tumblr is apparently seriously in the red: The platform’s CEO claims that the company is losing $US30 million annually. TechCrunch reported that CEO Matt Mullenweg spilled the beans during the Q&A, which was cohosted by COO Zandy Ring…