So I think TechCrunch might have acquired the Huffington Post for $315 million or something. I’m not too sure, I try to stay out of this news stuff. Thankfully there’s this helpful and poetic Next Media Animation that tries to explain things. From Aol head Tim Armstrong (tarmstrong@aol.com) bidding for HuffPo on eBay to Arianna Huffington pulling a “Wizard of Oz” on rivals Hot Air, Gawker and Drudge Report, to the portral of Bebo as a literal monkey on Aol’s back … I think it pretty much sums the whole situation up.
My favorite part, Aol’s goals for 2011: “Make it 1997 again through science or magic.”