GigaOm, one of the oldest blogs specialized in new technologies, announced Tuesday it would close its windows lack of money.
“GigaOm has recently been unable to pay its creditors, “the site says, adding:” All operations have ceased “
GigaOm was born in 2006 under the leadership of Indian journalist Om Malik.. The blog claimed to have 6.5 million readers.
In 2012 he acquired a rival site, Paid Content.
If online media have wronged the press taking their readers, the industry has become extremely competitive with more and more publications covering the technology sector.
“It’s not how you want to view the history of your business end, “lamented Om Malik on his personal website. “Each designer starts on a path full of hope and optimism, full of desire to build something that will help to make the world better, to reshape an industry and, we hope, become independent. Business, like life in general, is not a movie and everyone has the chance to have a happy ending. “