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CEO of Tumblr Steps Down

Tumblr has fallen out of the spotlight since it was purchased by Yahoo for $1.1 billion in 2013. This platform is still used by many marketers to push out content, build links, and get in front of the fairly decent number of people who still use it. The CEO of the microblogging site, David Karp, has announced that he is stepping down and that Jeff D’Onofrio will be taking the helm. D’Onofrio is the current COO. A spokesperson for Verizon’s Oath (the division that now owns Tumblr) said, “David Karp will depart Oath by the end of the year. David .. Read More
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