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Tumblr is losing $30M each year, CEO says (techcrunch.com)
submitted 3 years ago by to c/technology@lemmy.world
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[–] 24 points 3 years ago (1 child)

When you ban porn on your massively popular site for porn & drive off a massive segment of your userbase epic style

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  • [–] 9 points 3 years ago (3 children)

    That was the old owners. The new owners have stated that they want to bring porn back but it's not really feasible because payment processors are anti-porn.

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  • [–] 8 points 3 years ago (2 children)

    God it's ridiculous how much power we give to banks. If the content is not illegal it should not be up to the payment processors what content a web service can provide.

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  • [–] 3 points 3 years ago (1 child)

    Bit late for that turn eh?

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  • [–] 6 points 3 years ago

    I assume payment processors is also the reason why Verizon banned porn, although i don't think they talked about it like the wurrent owners do.

    Wordpress bought Tumblr in 2019 for, allegedly, 3M$, which is a huge discount, and they've done a good job running the place so far.

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