No, CNET Is NOT In Talks To Buy gdgt

rojas blockRojas on the left, Block on the right

Several sources close to CBS Interactive tell us that CNET is not in talks to buy gadget news site gdgt, shooting down a report that a buy is imminent.One source said that CNET hadn’t even approached gdgt for a round of talks.

Another told us that CNET has been interested in gdgt in the past — and that a buy still might happen some time in the future, because it seems like a natural fit — but there are no talks underway right now.

The gadget site was started in 2009 by Peter Rojas and Ryan Block, who started leading gadget blog Engadget (later purchased by AOL). The site raised a $3 million Series A round in July 2010.

Rojas refused comment on the rumour.

Nicholas Carlson provided some additional reporting on this and asked that we mention it.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

cnet sai-us