Tumblr’s next step forward with Automattic CEO Matt Mullenweg

Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once might blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the...
Amazon is acquiring 49% stake in India’s Future Coupons

Amazon is acquiring 49% stake in India’s Future Coupons

Amazon, which has invested over $6 billion in India’s growing internet market, just invested a little more to expand its foothold in the the world’s second largest internet market. The U.S. e-commerce giant has acquired a 49% stake in Future Coupons, a group entity...