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US: Popular tech blog Gigaom runs out of money, shuts down

  • Gigaom, a popular technology blog with millions of readers around the world, has shut down as it can no longer support itself financially.

    Among the oldest tech blogs, it said it had no money to pay creditors and was unsure if the site would be operational in future.

    Om Malik, the founder of Gigaom, thanked readers and staff. In a statement posted online he said the idea behind Gigaom still “lives in my heart”.

    Tagged as: Gigaom, technology blog, tech blogs, money, creditors, Om Malik, technology news