While Apple launched new products including MacBooks and Watches, two pioneering services announced they would be closing. Friendfeed was a useful social network which combined short updates similar to Twitter with the ability to easily collect and aggregate your content from a huge variety of sources, into one feed. It launched back in 2007, and the service and team had been acquired by Facebook in 2009.
And at the same time, one of the first big independent tech blogs has ceased operations. GigaOm originally launched in the mid-2000s, and became a full time job for founder Om Malik in 2006. It since acquired PaidContent, launched a paid Research area and various events etc.
It’s sad news for those of us who have followed the site closely for 8+ years, and for the team of around 70 employees, although it may be wound down, acquired or who knows what else. It is known that the latest $8 million round of funding took place 12 months ago, but it has ceased operations due to being unable to pay creditors.
Whilst it’s unfortunate for all involved, including the millions of readers, it’s important to remember that the closure of GigaOm is more a reflection of the economics of an individual business. FriendFeed, meanwhile, reflects the trend for social network acquisition by the big players in the space – Facebook obviously went on to pick up Instagram and WhatsApp with far, far larger userbases and bigger brands.