Tuesday, March 17, 2015

Prominent News Website GigaOm Goes Out of Business Due to Financial Fiasco



(Digital Marketing Agency) – One of the most eminent news website, GigaOm, has announced recently all its operation has come to an end, citing a concrete reason of financial problem.
“Gigaom recently became unable to pay its creditors in full at this time. As a result, the company is working with its creditors that have rights to all of the company’s assets as their collateral. All operations have ceased. We do not know at this time what the lenders intend to do with the assets or if there will be any future operations using those assets. The company does not currently intend to file bankruptcy. We would like to take a moment and thank our readers and our community for supporting us all along.” writes GigaOm blog.
The used-to-be trusted website covers information pertaining to technology ranging from cloud services to the future of industrial Internet of Things.

No comments:

Post a Comment