A New Year's downgrade of CNet Networks has an activist group of investors calling for big changes with the company.
If the investment group backed by the Jana Partners hedge fund has its way, the directors at Reuters report noted CNet's third quarter ended with a net loss of $16.6 million. At But if cutting back at CNet to its technology core means refocusing on what has been a slow-growth audience segment for the publisher, compared to the overall Internet, how will that help CNet rebound in visits and commensurate value for shareholders?CNet Facing Shareholder Unrest
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