Times Company in Group Investing in Blog Publisher
Automattic, the commercial arm of the popular WordPress publishing platform for blogs, has received $29.5 million in financing from four companies, including a small portion from The New York Times Company.
WordPress is open-source software used by bloggers to publish posts. Its chief competitors are Blogger (owned by Google) and TypePad (owned by the software company Six Apart).
But then Google buys the NYT Company and then owns a slice of WordPress too.
Oh, it's all too complicated to follow.