CondeNast Buys Tech News Site Arstechnica

This story was written by Rafat Ali.
CondeNast, the parent of Wired and Portfolio, has made an interesting acquisition: it has bought the veteran tech news site ArsTechnica, for around $25 million. The news was first reported by TechCrunch, and we have corroborated from sources as well. The site will be part of Wired Digital.

Kara recently did a video with ArsTechnica founder Ken Fisher on the philosophy and business of the site:




By Rafat Ali
The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App