Tech_Crunch

TechCrunch

TechCrunch

American technology news website


TechCrunch is an American global online newspaper focusing on topics regarding high tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare.[4]

Quick Facts Type of site, Available in ...

In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo by Verizon, the site was owned by Verizon Media from 2015 through 2021.

In 2021, Verizon sold its media assets, including AOL, Yahoo, and TechCrunch, to the private equity firm Apollo Global Management. Apollo integrated them into a new entity called Yahoo! Inc.

In addition to its news reporting, TechCrunch is also known for its annual Disrupt conference, a technology event hosted in several cities across the United States, Europe, and China.

History

TechCrunch 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.[5]

As of 2013, TechCrunch was available in English, Chinese (managed by Chinese tech news company TechNode),[6][7] and Japanese.[8] TechCrunch France was folded into the main TechCrunch.com site in October 2012.[9] Boundless (formerly Verizon Media Japan), the Japanese subsidiary of the TechCrunch's parent company, closed TechCrunch Japan in May 2022 according to its "global strategy".[10][11]

Ethereum founder Vitalik Buterin at the TechCrunch event in 2015

Following the acquisition of AOL and Yahoo by Verizon, TechCrunch was owned by Verizon Media from 2015 through 2021.[12]

In August 2020, the COO of TechCrunch, Ned Desmond, stepped down after eight years in the company. He announced that he would join the venture capital firm SOSV in December 2020 as a senior operating partner.[13][14] His former role at TechCrunch was replaced by Matthew Panzarino,[15] former editor-in-chief, and Joey Hinson, director of business operations.[16][17]

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.[18]

Events

TechCrunch Disrupt

Starting in New York City in 2010,[19][20] TechCrunch hosts an annual tech conference, TechCrunch Disrupt, in several cities in the United States and Europe.

Startup Battlefield

Startup Battlefield is a startup competition. Monetary awards are presented at the TechCrunch Disrupt conferences. Notable startups that have been involved in the competition include Dropbox, Intuit Mint, Yammer, and CrateDB.[21][22][23]

Former features

Crunchbase

From 2007 to 2015, TechCrunch operated Crunchbase, a website and online encyclopedia of information on startups, key people, funds, funding rounds, and events. In 2015, Crunchbase spun out of TechCrunch to become a private entity, and is no longer a part of TechCrunch.[24][25]

Crunchies

From 2007 to 2017, TechCrunch sponsored the annual Crunchies award ceremony to award startups, internet, and technology innovations.[26] At the first award ceremony in 2007, Facebook won the award for best startup. TechCrunch announced in 2017 that it would end the Crunchies.[27][28]

Controversies

The company was criticized for allowing developers to present the Titstare application, created by participants in a hackathon at TechCrunch Disrupt 2013. The application allows users to "stare at tits".[29][30][31]

In 2011, the site's editors and writers were criticized for possible ethics violations. These included claims that Arrington's investments in certain firms which the site had covered created a conflict of interest.[32] The controversy that ensued eventually led to Arrington's departure, and other writers, including Paul Carr and Sarah Lacy, moved to another technology investment based media company.[33][34]

In 2014, TechCrunch Disrupt was featured in an arc of the HBO series Silicon Valley.[35] The characters' startup "Pied Piper" participates in a startup battle at TechCrunch Disrupt.[35]


References

  1. Arrington, Michael (June 3, 2010). "Goodbye, Palo Alto: TechCrunch Moves To San Francisco". TechCrunch. Retrieved March 4, 2022.
  2. "Matthew Panzarino". TechCrunch. August 16, 2023.
  3. "About TechCrunch". Archived from the original on October 24, 2005. Retrieved June 11, 2023.
  4. Sweney, Mark (September 29, 2010). "AOL buys TechCrunch". The Guardian.
  5. Yutaira, Iwamoto (November 16, 2012). "TechCrunch Tokyo 2012". CNET.
  6. Butcher, Mike (October 31, 2012). "TechCrunch France Integrates With TechCrunch.com". TechCrunch.
  7. Heater, Brian; Lunden, Ingrid (May 3, 2021). "Private equity firm Apollo to buy Verizon Media assets for $5B, will rename business 'Yahoo'". TechCrunch. Retrieved February 1, 2022.
  8. Tan, Wilfred (July 21, 2020). "COO of popular tech news site, TechCrunch, is stepping down". News Asia Today. Retrieved December 20, 2020.
  9. "Author: Matthew Panzarino". TechCrunch. Retrieved December 20, 2020.
  10. "Author: Joey Hinson". TechCrunch. Retrieved December 20, 2020.
  11. "TechCrunch's COO, Ned Desmond, steps down". Startup News, Networking, and Resources Hub | BEAMSTART. Retrieved December 20, 2020.
  12. Moritz, Scott; Tse, Crystal (May 3, 2021). "Apollo's $5 Billion Bet on Yahoo Aims to Go Beyond Advertising". Bloomberg News. Retrieved February 27, 2022.
  13. "Announcing TechCrunch Disrupt 2010". Techcrunch. February 17, 2010. Archived from the original on May 8, 2010. Retrieved June 8, 2023.
  14. Kolodny, Lora (May 24, 2010). "May Madness: TechCrunch Starts a Tournament-Style Business Competition". You're the Boss Blog. Retrieved June 8, 2023.
  15. "Crunchies". TechCrunch. January 10, 2018.

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