Story of Tumblr – level 1
Tumblr is a blog site. People can share content there. They can share explicit content. Tumblr becomes very popular. Yahoo buys it in 2013. It buys it for $1.1 billion.
In 2017, Verizon buys Yahoo (and Tumblr with it). Verizon changes Tumblr. It bans all explicit content. Verizon also puts ads on Tumblr. People do not like these changes. They leave. Now Tumblr is a small business. Automattic buys it for $3 million.
Automattic says that explicit content is going to stay banned. Automattic also owns WordPress.
Difficult words: content (the pictures and videos on a website), explicit (uncensored, without any limits of what it can show), ban (delete, stop), ad (a picture or writing which tells you to buy something).
You can watch the original video in the Level 3 section.
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