As It Focuses On Profitability, Tumblr Lays Off Team Behind Editorial Initiative Storyboard

Tumblr has laid off the four-person editorial team behind Storyboard, an experimental initiative to highlight users and organizations on the blogging platform, less than one year after the project went live. In a blog post, Tumblr founder and CEO David Karp said "what we've accomplished with Storyboard has run its course for now, and our editorial team will be closing up shop and moving on. I want to personally thank them for their great work. And please join us in wishing them well." Storyboard...