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Business News Media
Gigaom to return, Re/code sold
By Chris Cooke | Published on Wednesday 27 May 2015
Tech news site Gigaom is returning, having somewhat abruptly shut up shop back in March. And although a brand new post has already appeared on the site, that was just to announce the online publication’s own impending resurrection. Operations should resume proper in August.
As previously reported, the venture-capital backed website ceased operations after the company running it announced that, while the news service was as popular as ever, the firm was now “unable to pay its creditors in full”.
An Austin-based start-up called Knowingly Corp has now bought some of Gigaom’s assets – seemingly including the domain, existing site and archive – with the plan to reboot it all on 15 Aug. Knowingly boss Byron Reese said, knowlingly, I assume, “we are excited to be a chapter of the Gigaom story and look forward to continuing its mission of ‘humanising the impact of technology'”.
Elsewhere in tech site news, Vox Media, owner of American news site Vox and the naughty contract leaking tech news platform The Verge, has bought another tech news service, Re/code because, well, why not?
“With Re/code, we will extend our leadership of comprehensive tech coverage online, with Re/code’s unparalleled expertise in tech business news, to complement the broad consumer appeal of The Verge”, said Vox Media yesterday.
Are any of these free-to-access tech sites making any money, I wonder. Oh well, they could always sell t-shirts.