TechCrunch is now officially a property of AOL

Indeed it’s all about content and AOL’s boss knows it!

Obviously the Mashable guys turned down AOL’s offer I reported back in Jan of this year. So, the head of AOL, Tim Armstrong, went ahead to acquire Mashable’s competitor, TechCrunch yesterday.
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Is this for Real? Sprint to consider LTE?


The battle between WiMAX and LTE is getting very interesting and frankly very confusing – at least to me.

It was just last month Sprint rolled out their WiMAX in a handful of new metropolitan areas including Washington, D.C. According to Financial Times, Sprint is now  considering an LTE strategy that could pave the way to a merger with T-Mobile USA. After spending all those $$$ Billion on WiMAX?

The talk of Sprint switching to an LTE based 4G future gives more credence to the ever circling rumors that T-Mobile USA parent Deutsche Telekom is considering a merger of its #4 T-Mobile USA division with Sprint, which currently is a distant number 3 in the U.S. market. In the past, the differing 3G technologies (CDMA vs. UMTS) made a merger seem unlikely, but if both were to plan ahead for LTE, then the two companies’ futures would be a bit more in step. Read more of this post

Washington Post Acquires iCurrent


Congratulations to iCurrent and the Washington Post Company.

The Washington Post Company has acquired iCurrent, a company in the business of helping internet users assemble and organize online information according to their specific interests.

While financial terms of the deal were not disclosed, VentureBeat pegged the purchase price as likely north of $5 million. Read more of this post

Huffington Post Counterbalance to the Right leaning Polling Companies – Acquires Pollster


In an effort to beef up the political coverage, the Huffington Post has  made its second acquisition in a month, as The New York Times reported on Wednesday the online publisher has purchased Pollster.com, an aggregator of poll data, from YouGov Polimetrix. Financial terms of the transaction were not disclosed.

The acquisition of Pollster which is hosted on NationalJournal.com, comes at a time of intense competition among media outlets vying for influence in Washington’s saturated online media market. Pollster.com has provided polling data to Atlantic Media’s National Journal. Read more of this post

Upcoming Social Media and Technology Events for the Summer


Those of you in  Social Media or Technology space, here is the list of related global events for the summer you might be interested in attending including a few of them in Washington, D.C.:

June 21-23, 2010, Denver, CO: Hosted by WebmasterRadio.FM, AffCon 2010 is a conference series designed specifically to meet the needs of affiliate marketers. As such, admission is FREE for all working affiliates to attend! Don’t miss out on this unique opportunity to meet and share ideas with the brightest business people in the affiliate marketing industry. Pulling together an amazing lineup of session panelists and speakers (including super affiliates), AffCon 2010 – Denver also features an exhibit hall, general and targeted skills sessions, networking and WebmasterRadio.FM’s epic AffiliateBash. Get registered today! Read more of this post

AOL to Acquire the Brad Pitt of Social Media, Pete Cashmore


There is going to be more buzz popping out in social and online media space in our nation capital soon. It is still a rumor, but most likely it is going to happen within the next few weeks. Referring to my previous coverage comparing the Potomac River in the East with the Silicon Valley in the West, this will be an Awesome News for us.

It was just about a month ago AOL spun-off from their parent company Time Warner and went solo. It looks like they are getting off to an interesting start already. They are in talks to acquire Pete Cashmore’s company, Mashable, the popular blog that covers Web 2.0 and social media. The company or better say the blog was founded in 2005.

If this rumor turns out to be true, I have no doubt, Pete will be surrounded with more chicks in his next photo :-) Well, Good for him! Very handsome dude, why not?

I met Pete during one of his early events in London for the first time back in 2006 when his company was still based in Scotland, then in Washington, DC for the second time in another social media event. Mashable was the host. Back in 2007, they moved their headquarter to Silicon Valley, the main hub for Web 2.0 and social media.
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Who says all the social media M&As happens in the West Coast?

Congratulation Nick O’Neill, the founder of Washington, DC based Social Times! He got to be a happy dude tonight. His blog that started less than two years ago was acquired by WebMediaBrands (NASDAQ:WEBM) today. Correction: according to Nick, the Social Times is more than just a blog. their events, mixers and conferences take place all around the country, with an online presence linking all physical events back to the website. They update their site daily with news and videos, and serve as a hub linking our users to all types of media pertaining to building social capital.

I met Nick at the first Techcrunch event in London about three years ago. Neither of us knew we were both Washingtonian and in social media space.

The financial details of the transaction are not disclosed. Whatever it is, acquisition always create a good buzz in town. I hope With the resources I am sure they will get from WebMediaBrands, they grow faster and bigger. Nick will be staying on to continue running Social Times.

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