More on how CNet is becoming the symbol of how old “new media” is having trouble competing against newer “new media” WSJ: New Media Icon Grapples With Newer Media Rivals — “The rise of blogs and online-ad networks has altered the landscape for Web-publishing efforts.”
Also today WSJ: Yahoo CEO Sees ‘Headwinds’
Yahoo’s net fell 23% and the Internet giant said it will cut about 1,000 jobs as it revamps to better compete with Google. CEO Yang said the company faces “headwinds” in 2008. Shares fell 11% after hours.