Layoffs loom for Mashable as site reportedly sells for less than $50M

The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.” Mashable employees are reportedly being let know about their … Continue reading “Layoffs loom for Mashable as site reportedly sells for less than $50M” The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.”Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2017-12-05 00:00:00 UTC ]
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Is Amazon asking independent bookstores to sell Kindles?

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[ The Christian Science Monitor | 2013-06-05 00:00:00 UTC ]
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[ The Bookseller | 2013-05-28 00:00:00 UTC ]
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[ The Christian Science Monitor | 2013-05-23 00:00:00 UTC ]
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[ The Bookseller | 2013-04-16 00:00:00 UTC ]
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