Peter Kafka, who writes the Media Memo blog for the All Things Digital site, reports Tuesday that the personal finance Web site FiLife, a joint venture between IAC and Dow Jones & Co., has replaced president Dave Kansas.
“FiLife, which is supposed to be geared toward young folks who spend more time browsing the Web than looking at their 401(k), has had a short but troubled existence. It finally launched in June after more than a year of fits and starts. It was originally supposed to have lots of blog-like entries from professional writers, and eventually moved into a more service-oriented comparison shopping engine for financial products.
“You could argue that economic turmoil could make a site like this particularly valuable for its target audience, but that doesn’t appear to be the case: Compare the performance of the site with Consumerist.com, a Gawker Media blog that’s now up for sale.”
Read more here. Kansas is a past president of the Society of American Business Editors and Writers.
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