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BlackRock marks down its investment in Automattic by 10%


Blackrock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report.

He is based out of India and has previously worked at publications including Huffington Post and The Next Web. Blackrock has cut the worth of its stake in web hosting provider Automattic by 10%, the asset manager said in its latest quarterly disclosure report. In September, Mullenweg wrote in a post on X that Blackrock owns only 0.6% of Automattic and has no voting rights in the company.

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