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Report: CNET Cuts 10 Percent of Staff
March 26th, 2008 at 6:04 pmSource:Mashable!
CraveOnline’s male-oriented destination site is looking to expand its content features and take advantage of the current March Madness madness by acquiring HoopsVibe and StreetBallTalk. These two sites are both focused on basketball (obviously), and will further CraveOnline’s plan to bulk up its online property portfolio.
CraveOnline’s parent company, AtomicOnline, is actually the […]SHARETHIS.addEntry({ title: “CraveOnline Wants More Basketball: Acquires Two Niche Sites”, url: “http://mashable.com/2008/03/26/craveonlin-acquisitions/” });
Source:Mashable!
Facebook has quietly rolled out a new feature that suggests “people you may know.” Last month, Nick O’Neill noticed a new option that allowed you to turn on/off notifications about new suggestions, but this is the first visible sign of the feature we have seen on the site. LinkedIn has offered a similar […]SHARETHIS.addEntry({ title: “Facebook Now Recommends Friends”, url: “http://mashable.com/2008/03/26/facebook-suggest-friends/” });
Source:Mashable!
According to Reuters, CNET has laid off 120 people, representing around 10% of its staff. While CNET has grown revenue at a steady pace (from $354M in ’05 to $405M in ’07), shares have languished, and internal issues have emerged as investors look for better returns:
“The moves come after hedge fund Jana Partners LLC […]SHARETHIS.addEntry({ title: “Report: CNET Cuts 10 Percent of Staff”, url: “http://mashable.com/2008/03/26/cnet-layoffs/” });
