Recode Daily: It’s suddenly sale season for digital media companies

Recode Daily: It’s suddenly sale season for digital media companies

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It’s sale season for digital media companies: Univision is selling a minority stake in the Gawker Media sites it bought via bankruptcy auction last year. Univision wants to keep control of what is now called Fusion Media Group; it’s looking for up to $200 million for its sites, which include Deadspin, Gizmodo and Jezebel, plus the Onion and Fusion TV. And Mashable, which has been for sale forever, is going to sell to Ziff Davis for $50 million; in 2016, investors thought it was worth $250 million. [Peter Kafka / Recode]

Meanwhile Axios, the media company launched by former Politico leaders a year ago, has raised $20 million. The company had previously raised $10 million; plans to launch a paywall have been pushed back. But two other high-profile digital media companies — BuzzFeed and Vice — are on track to miss their revenue targets for this year, signaling turbulence in the online ad business. [Ben Mullin / Wall Street Journal]

Last week, we heard Disney was talking to 21st Century Fox about a Big Media Deal; this week, it’s Comcast and Fox. Comcast wants to buy parts of Rupert Murdoch’s international media empire — especially its Sky and Star businesses. But it will have to wait in line: The pending court fight ahead of the AT&T-Time Warner merger will make that deal the bellwether for all future media mergers. And Trump is still a factor.[Edmund Lee / Recode]

Elon Musk showed off Teslas new semi truck. He says production will start in 2019. [Johana Bhuiyan / Recode]

Williams-Sonoma has developed a taste for augmented reality in its shopping experiences, and it’s buying an AR startup called Outward for $112 million in cash. It’s Williams-Sonoma company’s first technology acquisition since Laura Alber became CEO in 2010. [Jason Del Rey / Recode]

Many were skeptical — and even creeped out — when Amazon launched its Amazon Key service just last month. Now security researchers have already found a flaw in a critical safeguard of the service that lets Amazon delivery people into customers’ homes. A simple program from any computer could disable the internet-enabled camera that is supposed to monitor in-home deliveries, potentially enabling crooks access without being detected. [Andy Greenberg / Wired]

Apple’s first-ever vice president of diversity and inclusion is leaving the company after six months in the position. Denise Young Smith, who was previously Apple’s worldwide head of human resources for three years, will be an executive in residence at Cornell starting in January; she will be replaced at Apple by Christie Smith, who spent 17 years as a principal at Deloitte. Apple released its latest diversity report earlier this month. [Megan Rose Dickey / TechCrunch]

Top stories from Recode

Stitch Fix founder and CEO Katrina Lake is the only woman to lead a tech IPO this year.

Fewer than 8 percent of all U.S. IPOs this year were led by women.

Facebook will livestream 47 college basketball games this season.

Facebook is paying for the streams, which will only be available on Facebook.

The more tech in your job, the more money you make.

A wider range of jobs requires more tech savvy than ever.

Alibaba was selling counterfeit Brooklyn Nets gear even as its co-founder was buying a stake in the team.

Fake Nets apparel was readily available on the Taobao shopping site.

Will we ever stop using passwords?

On the latest episode of Too Embarrassed to Ask, 1Password’s Defender Against the Dark Arts (his real title!) answers your questions about security and password management.

This is cool

In case there’s not a cereal box nearby, you can always read your T-shirt.

[“Source-recode”]