Gigaom runs out of cash
 

Technology web site Gigaom has closed down, after saying it had run out of cash.

Gigaom was started by our old friend Om Malik and had around six and a half million pages views a month.

But advertising revenue for small sites is at an all time low, following the disintermediation of adverts for the web.

http://channeleye.co.uk/gigaom-runs-out-of-cash/