(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.
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