Sifry Resigns from Technorati

Dave Sifry has announced that he resigned as CEO of Technorati and Technorati has laid-off 8 employees. As predicted, the Web 2.0 fallout has begun. This is definitely a bad sign for Technorati. It's likely they aren't near profitability, the cash is crunching and they are finding it increasingly more difficult to find more.

http://www.sifry.com/alerts/archives/000508.html

Around the blogosphere.

Kevin Burton points out that a good chunk of Technorati's traffic is Google referrers and this could be turned off at any time. I assume he means the technorati tag-space.
Pete Cashmore points to the real culprit. "Theyâve been losing their core customers to Google Blog Search." I agree. Technorati really never worked all that great, so it was too easy for Google to simply step in and create a better Technorati. The giant woke up in 2005 and within too years Technorati is dying, if not already dead.

Categories:Â technorati

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Sat, 10 Sep 2011 06:41:38 GMT

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