Mediagazer: Recurrent Ventures, owner of Popular Science and MEL, raises $75M from North Equity and expects to make 2-4 acquisitions in 2021 and nearly a 30% profit margin (Steven Perlberg/Insider)

12:20 PM ET, October 7, 2021

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Reuters:

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Megan Brenan / Gallup:

Survey: 36% of Americans have a great or fair deal of trust in mass media, the second lowest on record, while 34% have no trust at all — WASHINGTON, D.C. — Americans' trust in the media to report the news fully, accurately and fairly has edged down four percentage points since last year to 36% …

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Reuters:

Twitter is selling mobile ad subsidiary MoPub to AppLovin for $1.05B, after acquiring it for nearly $350M in 2013 — Twitter Inc (TWTR.N) said on Wednesday it has agreed to sell mobile ads company MoPub to AppLovin Corp (APP.O) for $1.05 billion in cash. — MoPub, which generated …

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Alex Heath / The Verge:

Brandon Silverman, the founder and CEO of the Facebook-owned analytics tool CrowdTangle, is leaving the company; team members were reassigned several months ago — CrowdTangle has been caught up in an internal transparency battle at Facebook — Brandon Silverman, the founder and CEO …

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Mike Butcher / TechCrunch:

Webrazzi, a Turkish outlet that covers tech startups, acquires Tech.eu, a tech startup site founded in 2013 by a TechCrunch alum — Webrazzi, the main tech startup media title in Turkey, has acquired Tech.eu, the long-time tech startup site in Europe. The pooled entity of Webrazzi and Tech.eu …

Discussion: @ardakutsal, @robinwauters, Tech.eu, @robinwauters and @eu_startups

Steven Perlberg / Insider:

Recurrent Ventures, owner of Popular Science and MEL, raises $75M from North Equity and expects to make 2-4 acquisitions in 2021 and nearly a 30% profit margin — - Recurrent Ventures, which owns MEL and Popular Science, has raised a total of $100 million to date.

Discussion: @perlberg

Ben Hunte / VICE:

Sources: BBC won't renew membership in a diversity program run by LGBTQ charity Stonewall, which provides advice on creating an inclusive environment — LGBTQ staff at the BBC told VICE World News they are “super scared” by the implications of the decision. — BH

Discussion: @beninldn and @laelaps

Tom Warren / The Verge:

UK's Sky unveils Sky Glass, a 4K TV in 43", 55", or 65" that uses Wi-Fi instead of satellite dishes, available as a standalone or as part of Sky Ultimate TV — Sky is transforming itself in the UK — British Satellite broadcaster Sky is moving away from the satellite dishes that have defined its TV service for decades.

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Eric Berger / Ars Technica:

A new Russian law essentially bans a variety of space topics for reporters and bloggers, likely reducing coverage of Roscosmos within the country — “Will it affect the coverage of Roscosmos? For sure it will.” — It is safe to say that Russian President Vladimir Putin is not a fan of independent media.

Discussion: @sciguyspace, @katlinegrey, @katlinegrey, @katlinegrey and Gizmodo

Yashraj Sharma / Rest of World:

Instagram usage exploded in India after the TikTok ban, but the creator economy is still devastated, and critics say Reels content is comparatively bland — “TikTok was a canteen; Instagram is a café. But the canteen has better food, and the café serves costly coffee that not everyone drinks."

Discussion: @restofworld, @mvzelenks, @anupkaphle, @evelyndouek and @yashjournals, more at Techmeme »

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