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Concept
TechCrunch
Summary
TechCrunch is an American global online newspaper focusing on high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare.
In 2010, AOL acquired the company for approximately 25 million.
As of 2013, TechCrunch was available in English, Chinese (managed by Chinese tech news company, TechNode), and Japanese. TechCrunch France was folded into the main TechCrunch.com site in October 2012. Boudless (formerly Verizon Media Japan), the Japanese subsidiary of the TechCrunch's parent company, closed TechCrunch Japan in May 2022 according to its "global strategy".
Following the acquisition of AOL and Yahoo by Verizon, TechCrunch was owned by Verizon Media from 2015 through 2021.
In August 2020, COO of TechCrunch, Ned Desmond, stepped down after 8 years in the company. He announced that he would join venture capital firm, SOSV in December 2020 as senior operating partner. His former role at TechCrunch was replaced by Matthew Panzarino, former editor-in-chief, and Joey Hinson, director of business operations.
In 2021 Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management, and Apollo integrated them into a new entity called Yahoo.
Starting in New York City in 2010, TechCrunch hosts an annual tech conference, TechCrunch Disrupt, in several cities in the United States and Europe.
Official source
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