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@simple@lemmy.world to Technology@lemmy.worldEnglish • 2 years ago

Tumblr is losing $30M each year, CEO says

techcrunch.com

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  • cross-posted to:
  • technology@beehaw.org
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Tumblr is losing $30M each year, CEO says

techcrunch.com

@simple@lemmy.world to Technology@lemmy.worldEnglish • 2 years ago
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136
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  • cross-posted to:
  • technology@beehaw.org
Tumblr head Matt Mullenweg also assuaged users fears by confirming that the platform will not remove its chronological feed.
  • @TwilightVulpine@lemmy.world
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    21•2 years ago

    They absolutely should but advertisers wouldn’t like that.

    • @Uniquitous@lemmy.one
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      12•2 years ago

      Ad-driven internet needs to die.

      • @MercuryUprising@lemmy.world
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        7•2 years ago

        Ad everything needs to die. It should straight up become illegal to advertise anything other than for people who opt-in. If your product, movie or service is good, it’ll get popular through word of mouth.

    • @giant_smeeg@lemmy.world
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      8•2 years ago

      The users like it more.

      • deweydecibel
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        11•2 years ago

        The users don’t pay. Thus the dilemma.

        • @Ringmasterincestuous@aussie.zone
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          4•2 years ago

          The answer: better porn?

        • @mrmanager@lemmy.today
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          1•2 years ago

          I think we are getting ready to. At least I am paying for Kagi search and Fastmail and it’s very much worth it. :)

    • @thawed_caveman@lemmy.world
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      4•2 years ago

      Partially true: they want to bring it back but payment processors wouldn’t like that (the post i am linking is from the CEO of Tumblr’s parent company, who bought it from Verizon in 2019)

      • @TwilightVulpine@lemmy.world
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        2•2 years ago

        Oh yeah, I forgot but I had heard something about it around that time. Shame.

        I don’t get why credit card companies have beef with porn though…

        • @StillWatersPony@lemmy.world
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          2•2 years ago

          ostensibly it’s because the porn industry is unstable financially, and connected to a lot of shady issues/illegal practices that could open them up to some kinds of liability. (I don’t remember which sorts)

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