TechCrunch Minute: Yahoo buys Artifact news app from Instagram’s co-founders

Share via:

News that Yahoo is buying Artifact stirred the technology watercooler yesterday. Artifact was an interesting app, employing AI to help its users find and consume more, and more targeted news. It had some devoted fans, but never reached the sort of scale that would have made it an attractive long-term project. So, the Instagram founders who built it decided to sunset the service.

Then TechCrunch’s parent company Yahoo decided to snap up its technology. The app itself isn’t long for the world, but all the same the deal is an echo of an older time when Yahoo was famous for buying smaller, mobile-focused companies.

Regardless of whether or not you were an Artifact user — I was for a time — that Yahoo is still feeling acquisitive under its current ownership structure matters. Artifact is hardly the only startup project in the market today that might be looking for a new home, after all.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

TechCrunch Minute: Yahoo buys Artifact news app from Instagram’s co-founders

News that Yahoo is buying Artifact stirred the technology watercooler yesterday. Artifact was an interesting app, employing AI to help its users find and consume more, and more targeted news. It had some devoted fans, but never reached the sort of scale that would have made it an attractive long-term project. So, the Instagram founders who built it decided to sunset the service.

Then TechCrunch’s parent company Yahoo decided to snap up its technology. The app itself isn’t long for the world, but all the same the deal is an echo of an older time when Yahoo was famous for buying smaller, mobile-focused companies.

Regardless of whether or not you were an Artifact user — I was for a time — that Yahoo is still feeling acquisitive under its current ownership structure matters. Artifact is hardly the only startup project in the market today that might be looking for a new home, after all.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

‘Microsoft’s MacBook Air’ is more like a MacBook Pro

Two new laptops announced yesterday are being touted...

Pinecone launches its serverless vector database out of preview

Pinecone, the vector database startup founded by Edo...

Special mud helps XGS Energy get more power out...

Young geothermal energy wells can be like budding...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!