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Mashable laying off 50 people as it refocuses toward tech news after fire sale to Ziff Davis

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. Last month, we followed up on a report in the Wall Street Journal mentioning a sale was in the works. The sale is now final and it’s a hell of a deal, considering the site’s valuation was $250 million just one year ago, when Time Warner’s Turner led… Read More



Source: techCrunch

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