October 30, 2014
October 29, 2014
Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
Doug Ford is likely going to be fined $11,950 for all the illegal signs his campaign planted
Doug Ford is deciding whether he wants to be the leader of Ontario’s Conservative Party.
October 28, 2014
The CBC will be the lead Canadian broadcaster for the 2018, 2020 Olympics
John Tory invites former election rivals to join his administration
CNN May Buy Mashable For $200M
The official announcement may come as early as Tuesday

 

CNN, a unit of Time Warner, is in talks to purchase Mashable, a social media and tech news site.

Reporting from SXSW Sunday night, Reuters financial blogger Felix Salmon speculated that the acquisition is likely to cost CNN some $200-mln. Salmon added that although Mashable.com boasts 20 million unique monthly visitors and is a respected brand in the industry, the move may prove to be a risk for CNN. (As those who follow the industry may remember, the last time a news organization bought out a tech news site, it did not go so well. To read about the AOL-TechCrunch quagmire, see here.)

What even the naysayers agree on, however, is this: If the acquisition were to go through, it would speak volume to the weight a traditional news outlet is placing on the still nascent social media and tech industry.

In reverse order, the world learned last Friday that the 28-years old former Obama campaign organizer and co-founder of Facebook Chris Hughes announced now held majority stake over the 98-years old The New Republic. He will be assuming the role of the magazine’s Editor-in-Chief and Publisher effective immediately.

We know this because Hughes tweeted out the good news @chrishughes (“I am honored to take on the role of Publisher and Editor-in-Chief of TheNew Republic”), an apt move for The Kid Who Made Obama President.

What’s next, Facebook buys the New York Times?

(Source: Reuters TV)

 

 

  • TOP STORIES
  • MOST COMMENTED
  • RECENT
By Igor Bonifacic
October 29th, 2014
Editors Pick Doug Ford is deciding whether he wants to be the leader of Ontario's Conservative Party.
Read More
By Igor Bonifacic
October 28th, 2014
Culture The CBC will be the lead Canadian broadcaster for the 2018, 2020 Olympics
Read More
By Igor Bonifacic
October 2nd, 2014
Editors Pick Watch: the recently released Pan Am Games "Invade" trailer
Read More
By Igor Bonifacic
October 29th, 2014
Culture Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
Read More
  • No article found.
  • By Igor Bonifacic
    October 29th, 2014
    Culture Marvel marks National Cat Day with a series of cats dressed up as its iconic superheroes
    Read More
    By Igor Bonifacic
    October 29th, 2014
    Editors Pick Doug Ford is likely going to be fined $11,950 for all the illegal signs his campaign planted
    Read More
    By Igor Bonifacic
    October 29th, 2014
    Editors Pick Doug Ford is deciding whether he wants to be the leader of Ontario's Conservative Party.
    Read More
    By Igor Bonifacic
    October 28th, 2014
    Culture The CBC will be the lead Canadian broadcaster for the 2018, 2020 Olympics
    Read More

    SOCIETY SNAPS

    Society Snaps: Eric S. Margolis Foundation Launch

    Kristin Davis moved Toronto's philanthroists to tears ... then sent them all home with a baby elephant - Read More