Yahoo Sells TechCrunch to Regent, No Approval Needed

Yahoo has agreed to sell its influential tech news site TechCrunch to the private equity firm Regent, marking another change in ownership for the site which has seen several transitions since its founding in 2005. The financial terms of this deal have not been disclosed, but it does not require regulatory approval, indicating a value below $100 million. Regent, which recently acquired Foundry, aims to bolster its digital publishing footprint with this acquisition. Despite the sale, Yahoo will retain a small stake in TechCrunch and continue a long-term partnership with Regent, focusing on audience expansion and growth. This divestment aligns with Yahoo's strategy to concentrate on its core platforms such as Yahoo Finance and Yahoo Sports while Regent looks to strengthen its portfolio of tech-focused publications. TechCrunch's editorial direction remains a subject of interest, especially following significant staff changes and departures in recent months.