The Messenger shoots down report of news site’s demise: ‘Beyond absurd’
News site Messenger on Wednesday dismissed as “grossly irrational” reports that startups that have drained funds will shut down by the end of the month. Board members met last Friday to close after learning that the embattled company run by Jimmy Finkelstein, founded only last May, was “likely to run out of cash by the […]
Messenger leader Richard Beckman exits news site amid layoffs
The president of beleaguered news startup The Messenger announced Tuesday that he is leaving the company, starting a new wave of layoffs. Former Condé Nast executive Richard Beckman, whose aggressive business style earned him the nickname “Mad Dog,” was responsible for driving revenue for the website he launched last May. Prior to Messenger's launch, Beckman […]