Its Official: America Online Acquires Weblogs, Inc.

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.

AOL Pings Weblogs Inc

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 Elects Princeton Prez To Board

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.

Blogging to Save the Butler

After learning the fate of Jeeves, the long serving butler mascot of Ask Jeeves fame, a number of bloggers have banded together to try to resurrect the affable chap from the dotcom dustheap.