Ozy Media CEO Carlos Watson told staff they were all out of a job during tearful meeting lasting five minutes: Digital darling shutters leaving investors including Steve Jobs’ widow out $70M following accusations of lies and fraud


Ozy Media, the embattled digital news site, has announced it is shutting down following a series of damaging allegations of using smoke-and-mirrors tactics to deceive investors and partners.

Click here to read.

SOURCE: Daily Mail