Sydney Ember at The New York Times, with some big news in the tech journalism world:
ReCode, the news website led by the veteran journalists Walt Mossberg and Kara Swisher, is being acquired by Vox Media, a deal that reflects the turmoil among digital organizations focused on covering the tech industry.
The all-stock deal, financial terms of which were not disclosed, would give ReCode access to a wider audience, something it has struggled to build since Mr. Mossberg and Ms. Swisher split off from The Wall Street Journal about a year and a half ago. Both plan to stay with ReCode after the merger.
Here’s a bit from the announcement post on Re/code:
We plan as well to collaborate where appropriate with Vox Media’s current and very successful tech news site, The Verge. While the two sites occasionally overlap, we have focused on the business of tech, while The Verge has focused on covering tech from a lifestyle perspective.
Makes sense to me.