New Digital Media
Find tag "mashable"
5.6K views | +0 today
New Digital Media
Up to date news on the latest trends and developments in Digital Media
Curated by Matmi
Your new post is loading...
Your new post is loading...
Scooped by Matmi!

BBC - Newsbeat - Mashable website 'to be sold for £130million' to CNN

BBC - Newsbeat - Mashable website 'to be sold for £130million' to CNN | New Digital Media |

CNN is reported to be in talks to buy the technology news website

Launched in 2005 by then 19-year-old Scot Pete Cashmore, it has since become a hugely popular blog.


Now aged 26, Mr Cashmore is regularly named as one of the most influential people in the tech world.


His website, which claims to have 20 million unique users per month, is valued by some at £130 million.


However, one source quoted in the Wall Street Journal says CNN will never come close to paying that amount for the site.


Pete Cashmore's official biography on says he started the site to focus on "up-to-the-minute news on social networks and digital trends".

Although he started it from his bedroom in Banchory, Aberdeenshire, it's now headquartered in New York while Mr Cashmore splits his time between there and California.


via ;


Mini Matmian►


Is this going to be a good thing, bad thing or make no difference at all? Personally, I think it depends on the type of editorial control CNN demand and the agenda behind it. Let us know what your thoughts are....

No comment yet.
Scooped by Matmi!

Announcing the 2011 Mashable Awards Finalists

Announcing the 2011 Mashable Awards Finalists | New Digital Media |

From Oct. 11 to Nov. 18, the Mashable community submitted hundreds of thousands of nominations for the 2011 Mashable Awards, the fifth annual community-focused competition rewarding the best of digital and social media.

The 2011 Mashable Awards will honor nominees and winners in 28 categories, covering four of Mashable‘s core content areas: Social Media, Tech, Business and Entertainment.


For the past month, readers have nominated their favorite companies, people, sites and gadgets once a day for each category, and from those submissions, Mashable editors chose seven finalists in each categories.


Final voting is now open and will close on Dec. 16. Winners will be announced on Mashable Dec. 19.


Vote here: 

No comment yet.