Tumblr founder David Karp to step down
Tumblr organizer and CEO David Karp will advance down after over 10 years in charge of the blogging administration, he said on Monday.
"My choice comes following quite a while of reflection on my own desire, and at no cost to my cheerfulness for Tumblr's future or the effect I know it can have," Karp said in a letter to staff.
Tumblr is a piece of Verizon's Oath business, which houses Yahoo and AOL web properties.
Hurray purchased Tumblr for $1.1 billion of every 2013.
Jeff D'Onofrio — Tumblr's head working officer — will keep on leading Tumblr after Karp ventures around the finish of the year, an Oath representative said through email.
Established in 2007, Tumblr developed quickly to wind up plainly a center point for youngsters to post pictures and content.
The stage has very nearly 380 million websites.
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