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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: 3, Insightful) by FrogBlast on Tuesday July 28 2015, @02:49PM
Too late to save them maybe, but not to late to stop actively doing harm to the people who do show up there.
(Score: 5, Funny) by Kell on Tuesday July 28 2015, @03:30PM
When our green brethren and sestren walk into the wilderness in search of succor, we will greet them with open arms and lower UIDs.
Scientists ask questions. Engineers solve problems.
(Score: 5, Funny) by Gaaark on Tuesday July 28 2015, @03:45PM
and then they will curse our sudden but inevitable betrayal!!
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
(Score: 2, Interesting) by Notabadguy on Tuesday July 28 2015, @11:37PM
I created an account here just to test this theory.
(Score: 2, Interesting) by plogerjb on Wednesday July 29 2015, @03:49AM
Just did the same thing to join you. Thanks for the inspiration, been lurking since the beginning.
I believe in doing the right thing as well as being fair. Sometimes these don't go hand in hand.
(Score: 3, Funny) by Kell on Wednesday July 29 2015, @06:26AM
Welcome! :D
We can all feel ever so slightly smug when the 5-digit UIDs start popping up.
Scientists ask questions. Engineers solve problems.
(Score: 1) by mmlj4 on Tuesday July 28 2015, @11:23PM
Tinfoil hat time! I don't get the game plan... sure, they've been caught out and so it's time to sell, but let's think about this for a while. Sourceforge's reputation is gone, pissed away in an effort to monetize open source software. They also destroyed freshmeat --- had to, if there was ever going to be any money in sourceforge. Hmm... maybe I get the game plan after all?
Need a Linux consultant [joeykelly.net] in New Orleans?