Mashable laying off 50 people as it refocuses toward tech news after fire sale to Ziff Davis

 Publishing conglomerate Ziff Davis has officially bought online news site Mashable for a mere $50 million, according to Recode. Last month, we followed up on a report in the Wall Street Journal mentioning a sale was in the works. The sale is now final and it’s a hell of a deal, considering the site’s valuation was $250 million just one year ago, when Time Warner’s Turner led… Read More

Source: TechCrunch