Gawker Media calls a “bleak” year coming in online advertising
It’s time for media and advertising to join other industries that are battening down for an oncoming recession, according to Gawker Media founder Nick Denton. He’s cutting almost 15 percent of his workforce, or 19 of 133 people.
Denton is worth paying attention to, because Gawker is one of the most successful new media companies around. Gossip rag Valleywag might be the best known of its properties in Silicon Valley, but the most successful of the… Continue Reading
Roundup: Search Wikia to take on Google, Adready, Ideeli, EyeQ, more
Here’s the latest action:
1. Search Wikia could go live by Christmas, to take on Google
2. Nick Denton, the nemesis of Silicon Valley, makes himself editor of Gawker
3. DocStoc, fresh with cash, gives away $50 Amazon gift certificate daily to user uploading best quality docs
4. AdReady, the Seattle advertising startup offering online banner ads, raises $10M more
5. Why Google is going after Wikipedia
6. EyeQ, tracks contributions of developers to projects
7. Ideeli, a invite-only Web retailer for… Continue Reading
Curbed.com raises $1.5M for real estate blog network
Curbed.com, a popular real estate blog network with sites in New York, San Francisco and Los Angeles, has obtained $1.5 million in financing to expand into new cities and add staff members, according to the New York Times.
According to Lockhart Steele, the network’s publisher, traffic is growing 10 percent a month and the site is drawing national advertisers.
Curbed.com, which also focuses on restaurants and shopping, received its backing from Brad Inman, founder and publisher… Continue Reading
Valleywag guy Nick Douglas gone — Will Wired snag him?
We were wondering why Valleywag, the Silicon Valley gossip site some people hate and others love, wasn’t reading as witty as usual. We saw author Nick Douglas (pictured here) at Web 2.0 last week — suggesting he was back from vacation — but the site’s posts remained distant.
Now we have confirmation he is gone, with editor Nick Denton (pictured below) taking over, and posting the following:
Nick Douglas, the kid we plucked from college to… Continue Reading