Yahoo Sells TechCrunch

Yahoo on Friday said it has struck a deal to sell TechCrunch, the 20-year-old tech journalism site, to Regent, a media investment firm. Axios: Yahoo's business centers mostly on aggregation. Journalism isn't its core focus. Regent is trying to pull together a portfolio of tech news sites and is eager to invest in news. Earlier this week, it acquired Foundry, which houses a slew of online tech publications, such as PCWorld, Macworld and TechAdvisor.

In a statement, Regent said it is "thrilled to expand its reach as it provides breaking technology news, opinions, and analysis on tech companies worldwide to our audience." Financial deal terms were not disclosed. The deal will not require regulatory review, which is normally needed for deals valued at roughly more than $100 million.

The headline

[Valgrus Thunderaxe]

should be TechCrunch sells Yahoo.

Yahoo Still Exists?

[ironicsky]

But seriously... why? Who uses Yahoo, and why?

Re:

[CommunityMember]

But seriously... why? Who uses Yahoo, and why?

Apparently, Yahoo mail, and the various aggregations (sports, news, lifestyle, etc.) still generates significant revenue for Apollo. Some prefer the email interface vs. competitors, and never discount habit.

Re:

[RitchCraft]

"never discount habit" - my wife has a Yahoo email address she's been using since day one.

Re:

[sensei moreh]

"never discount habit" - my wife has a Yahoo email address she's been using since day one.

I have a rocketmail email address I've been using since before it was acquired by Yahoo and became Yahoo Mail.

Re:

[wendyg]

Yahooo;s financial data is very useful.

wg

Re:

[gavron]

I have a friend in her late 50s and the only email address she ever had (and still has) is @yahoo.com. That is the only example of "someone I know who uses Yahoo!" that comes to mind.

- Search engine? Bwahahahahahhaaa even DuckDuckGo's context-less search beats them.
- Groups? Got rid of those over five years ago.

I mean to suggest that Yahoo! is as relevant today as is Geocities. Sparkly sparkly stars.

Re:

[Bradac_55]

Brave would like a word with you ACoward it's search is home grown.

Re:

[Bradac_55]

I still use my original @yahoo account for junk e-mail/subs but I use it through Office365 desktop install.

@Protonmail is my banking/transaction account with @Tutanota for non-USA transactions (yes I know where Proton is located).

Re:

[alvinrod]

Yahoo is still my go to source for looking up stock prices if I should need to for whatever reason. I'm sure there are other sites that work just as well, but Yahoo has wisely left their site well enough alone that they haven't broken it or made it suck to use enough for me to want to look elsewhere.

Yeah, they're not really a thing for most people in the present day, but I couldn't tell you the last time I'd read anything from TechCrunch. That they were still around was the surprising bit for me.

Re:

[antdude]

What about AOL and others? :P

Good move

[Tony Isaac]

People actually want to read TechCrunch. Yahoo is little more than the equivalent of TV syndication these days, they just copy articles from everywhere else.

Re:

[Rujiel]

Is it a good move for techcrunch? Check out the CEO of the company that's buying them. TechCrunch already had fairly typical pro-NATO westoid media stance, but now it can become outright pro-war.

https://en.wikipedia.org/wiki/... [wikipedia.org]

"Reinstein is the founder and chairman of Regent, a multi-sector private equity firm. Reinstein started his career as an intern under former President Ronald Reagan.... He also serves as the Publisher of Regent's various newspaper, magazine, and media properties, including Sunset Mag

Re: Gmail, Outlook, and Yahoo Mail all work well.

[dj245]

I recently set up an AOL account. They offer free email nowadays. It's unashamedly targeted to old people, but most of the interface design decisions are decent. In some of my business interactions, it's a positive to signal that I've been around a long time. Free email is about utility, vanity, and how much one trusts the vendor. I've lost trust in Google but shifting away is as difficult as changing banks, if not more so.

These stories still occasionally pop up

[93 Escort Wagon]

... and, when they do, I'm reminded that Yahoo apparently still exists and has at least a few assets. Although typically any Yahoo-related stories are just letting us know that Yahoo is jettisoning another of its dwindling assets and becoming even more irrelevant.

Re:

[Bradac_55]

Yahoo isn't actually jettisoning anything the parent company is breaking peaces off.