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. The all-out sale of Mashable comes after the publisher reportedly tried and failed to secure additional funding throughout this year. Much of that failure may be due to a projected loss this year after pushing toward more video content. Read More

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