Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
ReCode, the news website led by the veteran journalists Walt Mossberg and Kara Swisher, is being acquired by Vox Media, a deal that reflects the turmoil among digital organizations focused on covering the tech industry. The all-stock deal, financial terms of which were not disclosed, would give ReCode access to a wider audience, something it…
Last week, the place I’ve called my online home for over five years — a site that has been one of the leading tech blogs ever since my friend Om Malik started it in the Starbucks at the corner of Clay and Battery in San Francisco in 2006 — suddenly shut down. Gigaom was always…
Traffic jam in SimCity (Photo credit: SimCity) After GigaOm, The Non-VC “SimCity” Approach To Growing A Media Business I can’t speak with any authority about why GigaOm suddenly ran out of money. But I’ve already seen the rumblings about what it may mean for other tech and vertical publications. Are they also likely in trouble?…
Tech media eulogized one of its own on Tuesday when GigaOm abruptly announced it had run out of money and was ceasing operations after eight years. GigaOm had a big-name founder, blogger Om Malik, and loads of money ($22 million) from VC backers, and was seemingly on the march, snapping up PaidContent in 2012. According to…
Begin: WordPress Article Content GigaOm, a tech blog founded by journalist turned VC Om Malik, is shutting down after finding itself unable to repay creditors. The site has been serving up tech news (and has served as a direct competitor to TechCrunch) since 2006.Initially Twitter chatter backed up reports of the site’s demise. “Gigaom is…
TechCrunch founder Michael Arrington on stage with Gigaom founder Om Malik in February. Money troubles have forced the pioneering tech blog Gigaom to shutter. “Gigaom recently became unable to pay its creditors in full at this time,” the website said in a statement. “All operations have ceased.” The news site didn’t say when its financial…
GigaOm, the 9-year-old tech blog based in San Francisco, will shut down due to a lack of financial resources, a senior editor there confirmed Monday. The site, which was launched by tech blogger Om Malik in 2006, is one of several sites covering Silicon Valley and the tech industry. It also produces a number of…
Gigaom, a pioneering technology blog that became a fixture in Silicon Valley and claimed 6.4 million monthly readers, abruptly announced on Monday that it would shut down. The site, which was founded in 2006, seemed to have been stopped dead in its tracks — earlier Monday, it had been posting articles, most recently on Apple….
According to a spate of tweets from its staffers and also confirmation from sources, iconic tech blog Gigaom is closing down. I reached out to the online publication’s high-profile creator Om Malik and he declined comment for the present. “Not now dude,” he texted me. Well, then, for now, here’s what I could glean: The…
Gigaom is winding down and its assets are now controlled by the company’s lenders. It is not how you want the story of a company you founded to end. Every founder starts on a path — hopeful and optimistic, full of desire to build something that helps change the world for the better, reshape an…