CNET: Tumblr CEO and founder resigns from company

CNET: Tumblr CEO and founder resigns from company. “David Karp, the founder and CEO of social network Tumblr, has resigned. The move comes in the aftermath of Verizon’s deal to buy Yahoo earlier this year, which resulted in the creation of Oath. Yahoo bought Tumblr for $1.1 billion in 2013.”