Connie Loizos, the editor in chief of TechCrunch, writes about why Yahoo sold the tech news site.
Loizos writes, “Yahoo decided to sell TechCrunch because, in the end, our DNA is simply different from the rest of its portfolio. While Yahoo Sports, Yahoo News, and Yahoo Finance excel at aggregation, TechCrunch has always been about original reporting and news analysis. The timing of the sale also makes sense. While much of the news industry has been punched in the face by a host of challenges — from AI-generated summaries to Twitter’s evolution into X — TechCrunch has bucked the trend over the last year, steadily regrowing its readership. Our secret? We put readers first, deliver must-know news without bias, and showcase the wild, often ridiculous, human side of the tech world.
“As close followers of TechCrunch already know, this isn’t our first rodeo when it comes to new ownership (we all still have swag from AOL and Verizon). But what mattered most in this transition was ensuring that our team retains the freedom and support to do what we do best. With Regent, we have exactly that.”
Read more here.
