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8:05 AM ET, February 7, 2011

Mediagazer

 Top News: 
Kara Swisher / BoomTown:
You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor-in-Chief  —  In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web's most prominent news and opinion sites.
RELATED:
New York Times:
Betting on News, AOL Is Buying The Huffington Post  —  The Huffington Post, which began in 2005 with a meager $1 million investment and has grown into one of the most heavily visited news Web sites in the country, is being acquired by AOL in a deal that creates an unlikely pairing of two online media giants.
Arianna Huffington / The Huffington Post:
When HuffPost Met AOL: “A Merger of Visions”  —  I've used this space to make all sorts of important HuffPost announcements: new sections, new additions to the HuffPost team, new HuffPost features and new apps.  But none of them can hold a candle to what we are announcing today.
Kara Swisher / BoomTown:
Exclusive Video: AOL's Tim Armstrong and HuffPo's Arianna Huffington Talk About Their Acquisition Touchdown From the Super Bowl  —  Here's an exclusive video interview BoomTown did with Huffington Post Co-founder and Editor-in-Chief Arianna Huffington and AOL CEO Tim Armstrong this morning …
Edmund Lee / AdAge:
AOL Bets $315 Million on Arianna, Buys Huffington Post to Build ‘New American Media Company’  —  Patch, TechCrunch, Engadget and the Rest of AOL's Sites Will Form New Entity, Huffington Post Media Group  —  NEW YORK (AdAge.com) — In one of the biggest digital publishing deals in recent memory …
Erick Schonfeld / TechCrunch:
Armstrong's Internal Memo To AOLers About The HuffPo Deal  —  At midnight, AOL announced that it will buy the Huffington Post for $315 million.  Below is the internal memo AOL CEO Tim Armstrong sent to all AOL employees (except us, they don't trust us with anything) about the transaction.
Peter Kafka / MediaMemo:
LIVE:AOL Explains Its Huffington Post Deal to Wall Street  —  Tim Armstrong and company spent yesterday explaining their $315 million Huffington Post purchase to the press.  Now they're doing the same for Wall Street, via a conference call.  —  AOL CFO Artie Minson prepped investors for the call with a memo laying out expectations.
Discussion: The Business Insider
Paul Carr / TechCrunch:
I, For One, Welcome Our New Huffington Overlord  —  We really have to stop being scooped by rivals on news affecting our own company.  —  Tonight, courtesy of a press release that our parent company sent to everyone but us, we learn that AOL has acquired the Huffington Post for $315 million.
Felix Salmon:   HuffPo's future  —  The $315 million that AOL is paying …
The Daily:
We're Listening  —  Thank you for all the feedback.  We hear you and we are committed to making The Daily the best possible experience.  That's our entire focus.  —  In five short months we've brought The Daily from vision to version 1.0, created a custom content management system …
RELATED:
John Gapper / John Gapper's blog:
The Daily lacks news stories, not multimedia
John Hudson / The Atlantic Wire:
Nick Denton: What I Read  —  How do other people deal with the torrent of information that pours down on us all?  Do they have some secret?  Perhaps.  We are asking various people who seem well-informed to describe their media diets.  This is from a conversation with Gawker Media owner Nick Denton.
RELATED:
Felix Salmon:   How to filter out fake news
Brian Stelter / New York Times:
Al Jazeera Hopes Reports From Egypt Open Doors in U.S.  —  DOHA, Qatar — “Our bureau in Cairo has been attacked.”  —  Phone calls and e-mail on Friday spread that short message through the Doha headquarters of Al Jazeera, the satellite news network.  It was an ominous start to the day …
RELATED:
Aljazeera:   The media battle for Egypt
Amy Wicks / WWD Media Headlines:
Memo Pad: Rolling Stone Expands Licensing Business  —  ROLLING ON: The Hard Rock Cafe has a new competitor in Rolling Stone.  With a restaurant on the way and a new deal signed with IMG, the magazine plans to extend its licensing business into new categories, including electronics and gaming …
 
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From Techmeme:

Wall Street Journal:
Gina Raimondo says holding back China in the chips race is a “fool's errand”, and investment, more than export controls, will keep US ahead of Beijing

Paresh Dave / Wired:
Google says it wouldn't force its device makers, browser, and wireless carrier licensees to distribute Gemini to US users for three years, in a proposed remedy

Reuters:
Albania bans TikTok for a year from January 2025, part of a broader plan to make schools safer following the killing of a 14-year-old near a school in November
 
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