July 28, 2014
July 28, 2014
Brickworks Ciderhouse becomes the first local cider house to have its product sold by the LCBO
Dispatches from The Valley: Shivon Zillis, venture capitalist at Bloomberg Beta
Strange(r) People: Toronto’s Festival of Beer edition
July 25, 2014
Standard Interviews: Joanna Griffiths, founder of Knix Wear
Boob jail is a real place but you can escape
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
July 17th, 2014
Editors Pick How a Toronto company is helping the world's creatives showcase their work
Read More
By Dylan Leeder
July 28th, 2014
Editors Pick Strange(r) People: Toronto's Festival of Beer edition
Read More
By Igor Bonifacic
July 28th, 2014
Editors Pick Brickworks Ciderhouse becomes the first local cider house to have its product sold by the LCBO
Read More
By Igor Bonifacic
July 9th, 2014
Editors Pick Standard Interviews: Tom Paterson of Junction Craft Brewing
Read More
  • No article found.
  • By Igor Bonifacic
    July 28th, 2014
    Editors Pick Brickworks Ciderhouse becomes the first local cider house to have its product sold by the LCBO
    Read More
    By Christian Borys
    July 28th, 2014
    Editors Pick Dispatches from The Valley: Shivon Zillis, venture capitalist at Bloomberg Beta
    Read More
    By Dylan Leeder
    July 28th, 2014
    Editors Pick Strange(r) People: Toronto's Festival of Beer edition
    Read More
    By Igor Bonifacic
    July 25th, 2014
    Editors Pick Standard Interviews: Joanna Griffiths, founder of Knix Wear
    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