Tag: amount’

WordPress owner Automattic to acquire Tumblr for ‘nominal amount’

Verizon announced today that it has sold blogging platform Tumblr to Automattic, the company behind WordPress. The Wall Street Journal says the transaction is valued at a “nominal amount,” despite… Read more »

Fitbit to reportedly buy smartwatch maker Pebble for ‘small amount,’ phase out product

Wearable fitness device giant Fitbit is reportedly on the verge of buying out, and subsequently shutting down, smartwatch upstart Pebble for what sources describe as a "small amount." AppleInsider –… Read more »