Valleywag gossip blog to fold into Gawker.com

Valleywag, is getting folded into Gawker.com. Gawker Media, which owns both properties, apparently is cutting some costs and working to build Gawker.com into a broader gossip site. This isn’t totally unexpected, considering Gawker Media said last month that Valleywag was dismissing two associate editors, plus a reporter – or 60 percent of its staff.

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