Wednesday, September 29, 2010

AOL Buys TechCrunch

Former Internet giant, America Online (AOL) bought current techie blog giant, TechCrunch - a deal originally announced on a competing tech blog. TechCrunch's founder, lawyer Michael Arrington, told reporters that TechCrunch will not be more favorable to AOL now that it is owned by it; in fact, he said, they were thinking of putting a "checks and balances" system in-place to ensure they weren't overly critical of their new owner.

Some critics, however, say that the purchase has already influenced the blog, as TechCrunch was formerly known to post basically every Web-based rumor that passed its pixel park, unlike more mainstream features. For example, TechCrunch didn't report the AOL deal first for fear it would ruin the deal -- certainly a self-serving gesture. But AOL's acquisition of TMZ and EnGadget has gone better than expected, so it's possible that TechCrunch could be in good hands.

© C Harris Lynn, 2010

No comments: