Take note, Twitter: Not every tech company has a happy ending after a ballyhooed IPO.SEE MORE: From the December 03, 2013 issue of Variety Just look at Demand Media, the Santa Monica, Calif.-based firm some thought would revolutionize content production. Not long after the company went public in January 2011, its market capitalization soared to more than $2 billion, sending the then-5-year-old firm’s value briefly past that of the New York Times Co. Continue Reading
Many others will follow, not just content farms. Google has trashed whole industries to push its own services, e.g. shopping search engines. With Google Now-like "SERPs" more businesses will crumble.
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