CalMatters, a nonprofit news outlet focused on California politics, policy, and community issues, has acquired The Markup, a nonprofit news site focused on technology and data privacy investigations, reports Sara Fischer of Axios.
Fischer reports, “The Markup will bolster CalMatters’ coverage of tech and tech policy at a time when the sector is growing in national interest.
“‘For us, we’re doing these investigations, we’re building these tools and we’re building these products —why not get it into the bloodstream, where it can really have a very big impact for us? That’s kind of a genealogy that we got here,’ said The Markup CEO Nabiha Syed.
“The Markup will continue to operate independently under the CalMatters brand, but there are already conversations underway about ways to align the brands’ products and resources over time, said CalMatters CEO Neil Chase.
“‘There’s no money that needs to change hands,’ he added, referring to the deal terms. ‘You simply bring the staff over, you merge the two checking accounts together, and you keep paying the salaries.'”
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