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The most unique aspect of the Internet, the very thing that makes it different from every other communications medium is, in many…
America Online has focused on blogging and community sites, and secured deals that make AIM the preferred or exclusive IM provider on them; it's a series of shrewd moves that enhances the value of AOL's advertising strategies.
America Online Inc. announced today that it has signed a definitive agreement to acquire highly successful blogging network Weblogs, Inc., for an undisclosed sum. But the $2 million per year Weblogs, Inc. was rumored earlier to be going as high as $35 million.
In a move that signifies the promise and potential of the weblog, AOL is reported to be acquiring Jason Calacanis' Weblogs Inc., for as much as $35 million. The partnership could indicate that blogging is to become a powerful medium that will blur the boundaries of mainstream traditional media and citizen journalism.
Google's Board of Directors unanimously elected Princeton University's President and Professor of Molecular Biology, Shirley M. Tilghman, to join their ranks due to her reputation as a pioneer in academic research.
Former president of Warner Brothers Online will leave Yahoo to rejoin Time Warner as president of media ventures for HBO.
