Publishing conglomerate Ziff Davis has officially bought online news site Mashable for a mere $50 million, according to Recode. The all-out sale of Mashable comes after the publisher reportedly tried and failed to secure additional funding throughout this year. Much of that failure may be due to a projected loss this year after pushing toward more video content. Read More
Mashable laying off 50 people as it refocuses toward tech news after fire sale to Ziff Davis
Publishing conglomerate Ziff Davis has officially bought online news site Mashable for a mere $50 million, according to Recode. The all-out sale of Mashable comes after the publisher reportedly tried and failed to secure additional funding throughout this year. Much of that failure may be due to a projected loss this year after pushing toward more video content. Read More