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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 Common Joe on Wednesday July 29 2015, @03:12AM
And while we're on the subject of improving Soylent News, I suggest this very awesome idea be presented in a way that is favorable to managers -- not recruiters and most certainly not human resources. I've been looking for a job for a long time and the single biggest hurdle I have is not being screened out by HR and recruiters who cannot understand what talents are. (Hint: It's not usually technological knowledge or experience.) Next step is to help managers understand what they're really looking at when they see a person like most of us common Joes.
We wanted money for the site? I think we just stumbled across a way to do it. Specialize in a niche that no one seems to be able to offer.