Massively profitable gaming company Blizzard Entertainment just recently purchased IGN Sports league in a move that signals the increasing popularity and influence of E-Sports & Competitive Gaming events. I have also posted an great video below.
Facebook suffered its biggest one day drop this week since its inception on Friday. Pretty interesting article from Market Watch. Facebook is basically half of what it IPO’d at ($38), with some saying it could go as low at $10/share. Article Link below.
Great Bloomberg Venture interview below with Pete Cashmore (CEO of Mashable). I recently saw Pete in Forbes’s 30 under 30 which states “with 20 million monthly unique visitors, [Mashable] is almost as large as Huffington Post was when AOL bought it for $315 Million last year”
-One of the most profitable blogs on the internet
-The second most linked to blog only after the Huffington Post
-Top 10 Blog within a year and half after launching
Cashmore describes his background, the rise of Mashable’s vast audience, and the site’s monetization.
Forbes article on Cashmore HERE