Web 2.0 bubble bursting: Peerflix cuts workforce, carnage mounting elsewhere
This year has become the “show-me” year. Internet start-ups showing no traction are getting shut down, or trimmed — abandoned by once wide-eyed investors.
The Web 2.0 bubble is bursting, but VentureBeat agrees with others that this is more like an “oozing.” New, innovative companies… Continue Reading