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Daily Crunch: Verizon is selling Tumblr

Daily Crunch: Verizon is selling Tumblr

The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. It's been six years since Yahoo acquired the popular blogging platform for more than $1 billion. Despite previous reports indicating the on-demand delivery company is seeking an M&A exit, sources close to the matter say Postmates is on track to complete an initial public offering this year.