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May 20, 2013 05:53 pm GMT

Tumblr's Loss Is WordPress' Gain As Thousands Of Users Jump Ship Before Yahoo Takes Over

51QOAkBmfBL._SL500_Yahoo is officially buying Tumblr for a lot of cash. This move makes a few people very happy and very rich. But Tumblr's users, you know, the main reason Yahoo is buying the site, are seemingly very unhappy. So much so that WordPress' CEO is reporting a flood of new blogs as Tumblr users seemingly abandon ship before Yahoo takes over.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2loPlLGr_Zg/

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