TechCrunch has a new owner, again. Yahoo has sold the tech news site to the private equity firm Regent for an undisclosed sum, according to an announcement on Friday.
Regent is the same company that snapped up Foundry, the firm behind outlets like PCWorld, Macworld, and TechAdvisor on Thursday. Founded in 2005, TechCrunchhas experienced many shakeups in ownership after AOL acquired the site in 2010.
Oh good private equity. Well, any profits will be funneled out of tech crunch into their pockets, expect nothing new out of it, layoffs and cost cutting.
Even more if it was a leveraged buyout.
Techcrunch is officially dead folks.
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Yahoo was owned by Verizon up until 2021, so it shouldn’t too surprising it’s still around.
You might be surprised to learn that people still pay AOL (which was also part of the Verizon purchase/sale) and is part of Yahoo…
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people still widely use stuff like yahoo finance
It’s borderline unusable at this point. No one serious uses it.
it’s what my finance prof recommended 🤷
I’m told Thailand loves it?
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Surprised it wasn’t Conde Nast
It does not make me feel good that legit half of tech outlets are owned by one company.
These companies still exist?
