The Daily Dot Acquires The Kernel As Euro Tech Media Starts Motoring

TechCrunch

A number of changes are afoot in the European tech media scene and it’s worth us pausing for a moment to take stock. The first item on the agenda is the news that London-based site ‘The Kernel‘, lately a ‘tabloid’ style news site about online culture, has been acquired for an undisclosed amount by Daily Dot Media (DDM), publisher of The Daily Dot, an Austin-based pop/tech/culture news site.

Kernel founder and editor-in-chief Milo Yiannopoulos – a former tech columnist for the UK’s Telegraph newspaper – is departing forthwith, though not into a new role. He will “continue in an advisory role while pursuing new projects,” he said in a statement. He says he also plans to “take time off”.

The Kernel was owned by BERLIN42 (a major shareholder), Yiannopoulos (who owned 25% of The Kernel at the time of sale), and unnamed private angel investors. BERLIN42 operates

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