Tumblr founder leaving Yahoo-owned blogging platform

Agence France-Presse via Manila Bulletin;

Tumblr founder and chief David Karp on Monday announced he is leaving the nearly 11-year-old blogging platform — with his departure coming in the wake of Verizon buying parent-company Yahoo.

Karp said that he will leave by the end of this year and chief operating officer Jeff D’Onofrio will take his place at the helm of Tumblr.

Not a good sign.. for a platform known for hosting tons of porn GIF!