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Yahoo is selling TechCrunch | noti.group

in Technology
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Yahoo is selling TechCrunch | The Verge
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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.

When Verizon acquired AOL in 2015 and Yahoo in 2017, the company folded TechCrunch, Engadget, Yahoo Sports, and other sites into a new division called Oath, which later became Verizon Media. In 2021, Verizon sold its media division to Apollo Global Management for $5 billion, and it was renamed Yahoo!

“Yahoo decided to sell TechCrunch because, in the end, our DNA is simply different from the rest of its portfolio,” TechCrunch editor-in-chief Connie Loizos writes in the announcement, noting that Yahoo will still have a “small interest” in TechCrunch.

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

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