Gigaom Shuts Down, “Unable to Pay Its Creditors”

Gigaom Shuts Down, “Unable to Pay Its Creditors”

By Josh Wolford March 10, 2015

Prominent tech blog Gigaom is shutting down, after it revealed it “recently became unable to pay its creditors”. Here’s what Gigaom management had to say Monday evening: Gigaom recently became unable to pay its creditors in full at this time. …

GigaOm and TheStreet Combine Content and Audiences

AOL buying TechCrunch isn’t the only news happening in the tech content world today. GigaOm and TheStreet.com have announced a partnership, which will see the two publications sharing content and audiences. Both will share and co-author editorial and research content across their network of sites.

27-Month-Old GigaOM Raises Another $4.5 Million

Giga Omni Media has raised another $4.5 million to help it continue expanding. This is quite the contrast to Gawker Media CEO Nick Denton’s announcement of cutbacks due to economic "doom" planned for January.

Om Malik has now raised $5.8 million since his firms inception. The latest funding round was led by  Alloy Ventures, an early-stage venture capital firm.

Vertical Search Any Competition for Google?

Sramana Mitra has a post over at GigaOm that plays on her interest in Web3.0, which she defines on her site as the “verticalization of the web around specific Contexts”.

Om Malik On The Mend

Noteworthy tech blogger Om Malik has been recovering from a heart attack since December 28th, he told GigaOm readers today.

Reactions to Amazon MP3 Store
Our news story and analysis "What The Amazon Store Is…And Is Not" got so many links and hits that we thought we’d take a look across the web to see what other’s thought of the opening of Amazon’s MP3 Download Store.

TheFind.com Gets Hold Of Glimpse

TheFind.com has reached into its pockets and located enough money to acquire Glimpse.com, a “high-fashion shopping Web site.”  In semi-related news, “dog sweater” is one of TheFind’s current “hot searches.”

Will Users Kongregate At The YouTube For Games?

It’s spelled as if it comes straight from the Kaiser, or the Kremlin, and red like the Cold War (which Putin, apparently, is looking to put back in the cooler), and maybe, since it’s somewhat communal, this online sharing thing, it’s appropriate – Kongregate is being touted as "the YouTube for games."

StumbleUpon Stumbles Into eBay For $75 Million

The heavily-rumored acquisition of social sharing site StumbleUpon by eBay finally came to fruition, with eBay shelling out “an aggregate transaction value of approximately $75 million” for the site.

Blog Post Knocks $4 billion off Apple Market Cap

A supposedly false-alarm that Apple’s Leopard (their next OS) and their much-talked-gadget-phone iPhone being delayed, caused their stock to nose-dive knocking over $4 billion off their Market Cap. This is indeed a phenomenal development in the Blogosphere – a blog article can have that fundamental effect in the real work and real money.

Atari To Develop Its Own Virtual World

Second Life has inspired numerous other start-ups looking to take advantage of the hype surrounding the user-generated virtual world phenomenon.

While many companies are looking to make a name for themselves with such aspirations, Atari just wants to reclaim its piece of the video gaming pie.

Just what sort of unmitigated chaos has been wrought in the wake of Second Life’s popularity?

Google Down for 7 Minutes This Year
Pingdom has done an accounting of the uptime of the top 20 websites on the internet (according to Alexa). Their results show that Google has suffered a mere 7 minutes of downtime thus far in 2007, or 0.00540123332% downtime, and can thus boast uptime of an impressive 99.9945988%.

LinkedIn Gets “HookedUp” With $13 Million

LinkedIn has been done pretty well for itself; over 9 million “experienced professionals” have joined the online network, and a value of about $250 million was placed on the company. It’s surprising, then, that LinkedIn recently went to the trouble of collecting $12.8 million more in a round of financing.

Simply Hired Links Blogs To Jobs
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The release of the Job-a-matic tool will give bloggers and website publishers the option to add job listings to their sites, and to profit from them too.

MySpace Blocking Photobucket?

GigaOM – MySpace Blocking Widgets? Om Malik is out with a post about MySpace blocking widgets and blogs a screen shot from Photobucket which reads:

Yahoo Plunks Down Cash For MyBlogLog

The siteless social network has a new home in Sunnyvale, as Yahoo acquired MyBlogLog for a reported figure of around $10 million.

Apple’s iPhone Then Google’s GPhone

France Telecom’s mobile phone unit, Orange, reportedly sent executives to the Googleplex to discuss a potential partnership.