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.
Lmfao how is there still “yahoo”
capitalism is so braindead
imagine thinking any of this was real
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…
Just because the imaginary friends are passing fiat around to each other doesn’t make any of it less delusional. You may as well learn such trivia about Magic the Gathering or the Catechism of the Catholic Church.
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Your handle leads me to believe “Magic the Gathering” or “The Catechism” struck a nerve but search me which… or both?
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Yeah I’m dismissive of it because cultural hegemony matters and that culture is really trashy and founded on delusion. I didn’t ask for commentary. I was trashing fiat culture.
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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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It does not make me feel good that legit half of tech outlets are owned by one company.
Surprised it wasn’t Conde Nast
These companies still exist?
