A round-up of the companies, deals, and trends that made headlines.
Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the day's most newsworthy bits below.
AOL CEO Tim Armstrong
- It's official: AOL (AOL) is acquiring TechCrunch, video distribution start-up 5Min media, and Brizzly web-app maker, Thing Labs. (Terms were not disclosed.) (All Things Digital)
- In a lengthy, blow-by-blow blog post, TechCrunch founder Mike Arrington says he sold his empire so he'd never have to worry about pesky back-end tech issues ever again. (We're guessing the reported $25 million in cash AOL paid doesn't hurt either.) (TechCrunch)
- An impending bill from Congress will reportedly create a new net neutrality law but also stop the FCC from creating its own set of rules. Not exactly surprising: mobile broadband providers will not be held to the same net neutrality standard as wired carriers. (The New York Times)
- A new law in California bans individuals from maliciously impersonating others online. Senator Joe Simitian, the bill's author, said it helps bring the state's impersonation laws into the 21st century by addressing "the dark side of the social networking revolution." (The New York Times) More
Posted in: Amazon
, Credit Sesame
, Michael Arrington
, Mike Arrington
, Net neutrality