mashable

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Mashable
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Digital media

Introduction: 

Mashable is a global, multi-platform media and entertainment company. Powered by its own proprietary technology, Mashable is the go-to source for tech, digital culture and entertainment content for its dedicated and influential audience around the globe.

Mashable was created by Pete Cashmore from his home in Aberdeen, Scotland, in July 2005. Time noted Mashable as one of the 25 best blogs in 2009, and it has been described as a "one stop shop" for social media. As of November 2015, it has over 6,000,000 Twitter followers and over 3,200,000 fans on Facebook. In June 2016, it acquired YouTube channel CineFix from Whalerock Industries.

In December 2017, Ziff Davis bought Mashable for $50 million, which several publications referred to as a "fire sale" price down from its peak valuation of $250 million. Mashable was not meeting its advertising targets, and was losing money, with $4.2 million losses in the quarter ending September 2017. After the sale, Mashable laid off 50 staffers, although Ziff Davis insisted on keeping top management. Because of the drop in value, stock options issued to employees during Mashable's successful times were worthless.

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Sometimes if you build it, they won't come with very much money.An ambitious construction project has become an embarrassing reminder to Spaniards of the current state of their economy: Investment group Tzaneen International bid 10,000 euros (around $10,800) for a large part of the Ciudad Real Central Airport in Spain — which cost 1 billion euros
Homejoy, the cleaning service startup that has raised almost $40 million, is shutting down, its CEO announced Friday. The company has reportedly been struggling financially for some time and is facing four lawsuits over its classification of workers as independent contractors.Some of its engineering team has already been snapped up by Google, who
NEW YORK — Google is already one of the largest companies in the world, and on Friday it made one of the largest stock market moves ever.The Internet giant reported strong second-quarter results on Thursday, sending its stock climbing. Google's market capitalization, already around $403 billion, rose some $65 billion to finish at $468.3 billion,
UPDATED July 18, 12:40 p.m. ETEven the Internet's most hard-charging website has its limits.Gawker has removed a post about a New York media executive's attempt to book a male escort after the story resulted in widespread critique and outrage.The story, published Thursday night, led to immediate disapproval online, as many questioned Gawker's
Google's losing streak is over.The Internet giant posted adjusted profits of $6.99 per share for the second quarter, handily beating the consensus estimate among analysts surveyed by Thomson Reuters for earnings of $6.71. That ends its unfortunate streak of missing Wall Street profit estimates for six consecutive quarters.Google's net revenue for
Reddit's new CEO didn't waste any time before shaking the hornet's nest.Steve Huffman, the cofounder of Reddit who took over as CEO last week, just one month after a user revolt over community crackdowns, proposed a new set of restrictions on what kind of material and actions are acceptable on the site.The new restrictions would be similar to

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