Yahoo is selling TechCrunch (www.theverge.com)
from misk@sopuli.xyz to technology@beehaw.org on 21 Mar 17:49
https://sopuli.xyz/post/24211941

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 PCWorldMacworld, and TechAdvisor on Thursday. Founded in 2005, TechCrunchhas experienced many shakeups in ownership after AOL acquired the site in 2010.

#technology

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scrubbles@poptalk.scrubbles.tech on 21 Mar 18:03 next collapse

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.

ErsatzCoalButter@beehaw.org on 21 Mar 18:15 next collapse

Lmfao how is there still “yahoo”

capitalism is so braindead

imagine thinking any of this was real

Midnitte@beehaw.org on 21 Mar 19:02 next collapse

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…

ErsatzCoalButter@beehaw.org on 21 Mar 20:33 collapse

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.

[deleted] on 21 Mar 22:46 collapse

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ErsatzCoalButter@beehaw.org on 21 Mar 23:29 collapse

Your handle leads me to believe “Magic the Gathering” or “The Catechism” struck a nerve but search me which… or both?

[deleted] on 21 Mar 23:32 collapse

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ErsatzCoalButter@beehaw.org on 21 Mar 23:36 collapse

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.

[deleted] on 21 Mar 23:38 collapse

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ErsatzCoalButter@beehaw.org on 22 Mar 00:14 collapse

Openly. You have accurately described my position, despite your requests that I vacate it. 🥰

[deleted] on 22 Mar 00:28 next collapse

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TheRtRevKaiser@beehaw.org on 22 Mar 15:49 collapse

This kind of behavior is antithetical to Beehaw’s ethos. It’s fine to be dismissive of systems, but ever user here is a person who should be treated with kindness and respect. Please do better in the future.

melp@beehaw.org on 21 Mar 22:53 next collapse

I’m told Thailand loves it?

Blisterexe@lemmy.zip on 21 Mar 23:03 collapse

people still widely use stuff like yahoo finance

GrindingGears@lemmy.ca on 22 Mar 07:40 collapse

It’s borderline unusable at this point. No one serious uses it.

Blisterexe@lemmy.zip on 22 Mar 19:02 collapse

it’s what my finance prof recommended 🤷

Midnitte@beehaw.org on 21 Mar 19:01 next collapse

Surprised it wasn’t Conde Nast

artificialfish@programming.dev on 21 Mar 19:00 next collapse

These companies still exist?

[deleted] on 21 Mar 22:45 next collapse

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FundMECFSResearch@lemmy.blahaj.zone on 22 Mar 15:52 collapse

It does not make me feel good that legit half of tech outlets are owned by one company.