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it totally makes sense. AOL has cash but a business model that is a decade out of date and is sinking fast. it’s only real possible hope for the future was its small attempts at a news/opinion service which, up until now, was mostly unknown to non-aol subscribers. the huffington post has a strong following, is one of the few news (or quasi-news) organizations turning a profit.
Ha! As if I needed another reason to avoid that swamp. That’s hilarious. Well, maybe Arianna will have enough money now to go away forever. Or maybe not…
Interesting.
Does this mean a drift to the right for HP?
I was hoping that Hewlett-Packard would buy the Huffington Post so they could share a logo.