TECH
06/16/2010 05:12 am ET Updated May 25, 2011

Ning's Bubble Bursts: No More Free Networks, Cuts 40 Percent Of Staff

One month after long-time Ning CEO Gina Bianchini was replaced by COO Jason Rosenthal, the company is making some major changes: It has just announced that it is killing off its free product, forcing existing free networks to either make the change to premium accounts or migrate their networks elsewhere.

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