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AOL has agreed to acquire the Huffington Post for $315 million. The combined entity will be known as the Huffington Post Media Group and will have Arianna Huffington as president and editor-in-chief. We recently heard from AOL when they posted a rather disappointing quarterly result for the end of 2010, and again when their latest master business plan (read: SEO, SEO, and more SEO) was leaked by Business Insider.
posted by spitefulcrow on Feb 6, 2011 - 136 comments

The FCC and Department of Justice have approved Comcast’s purchase of NBC Universal. The acquisition marks the first time a major television network will be owned by a cable provider. Opponents like Al Franken decry the deal as giving “unprecedented control over the flow of information in America” to a single media conglomerate. FCC news release about conditions imposed on the merger. (Scribd link)
posted by spitefulcrow on Jan 18, 2011 - 73 comments

"Rain is probably the most effective way to ... cause the ice to melt. So this was the first time you could see the surface actually lowering around you." A rare tropical glacier in Indonesia has dropped by a foot in the space of two weeks, as observed by a team sent to collect ice cores to study the effects of global warming. (Glaciers, previously.) [more inside]
posted by spitefulcrow on Sep 4, 2010 - 17 comments