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FS tells me that Ars Technica reports that Dice is selling the Slashdot and Sourceforge sites. The company in their second quarter earnings announcements stated they have "not successfully leveraged the Slashdot user base to further Dice's digital recruitment business", and are planning to divest this business.
The report goes on to note that in spite of what the report calls "an incredibly loyal and passionate following of tech professionals," Slashdot and SourceForge aren't core to DHI's business and that DHI has partnered with KeyBanc Capital Markets to advise DHI on the sale. There is no buyer lined up yet.
The report also says that Slashdot Media (the aggregate of Slashdot and SourceForge) made $1.7 million in revenue for the second quarter and that it's estimated Slashdot Media will pull somewhere between $15 million and $16 million in revenue for fiscal 2015.
(Score: 2) by bryan on Tuesday July 28 2015, @04:09PM
3. Facebook
How many billions did they pay for WhatsApp again - just to get the user base? Slashdot only being in the "M's" instead of the "B's" would be a drop in the bucket in comparison.
(Score: 2) by FatPhil on Tuesday July 28 2015, @07:04PM
Is that some extrapolative reference to Aldous Huxley's /Brave New World/?
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 2) by DECbot on Tuesday July 28 2015, @11:15PM
"M"illions of users instead of "B"illions.
Even the /. trolls should grade better than a M on the Brave New World scale. That's pretty harsh.
cats~$ sudo chown -R us /home/base
(Score: 2) by FatPhil on Wednesday July 29 2015, @01:07AM
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 3, Informative) by bryan on Tuesday July 28 2015, @11:30PM
No. An "M" is the first letter in Million while a "B" is the first letter in Billion. A number of Facebook's recent acquisitions [wikipedia.org] have been in the billions. Namely, Instagram at 1 billion, WhatsApp at 19 billion, and Oculus VR at 2 billion.
In Brave New World, the population is born into classes of varying intelligence levels. The upper end of the population (the Alphas and Betas) are allowed to develop under healthy conditions, while the lower castes (Gamma, Delta, and Epsilon) are deprived of oxygen or poisoned during embryo development to stunt their abilities. The further down the Greek alphabet, the worse off the class. Even so, the Epsilons (the 5th Greek letter [wikipedia.org]) are pretty much the bottom tier. Extrapolating down to "M" or Mu (the 12th Greek letter [wikipedia.org]) would mean a pretty deranged individual! Even Slashdot doesn't deserve such as shameful label.
P.S. The classes also dress in class appropriate colors [amazonaws.com]. Betas are red and Gammas are green!