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AOL Buys Huffington Post; Huffington to Run AOL Local

AOL will buy The Huffington Post for $300 million in cash and $15 million in stock, and put Arianna Huffington in charge of the AOL Local sites (MapQuest, Patch, MovieFone) as well as its growing collection of opinionated tech and…

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Main Street Connect Raises $4 Million

Main Street Connect, a new hyperlocal network founded by former community newspaper executive Carll Tucker, former SmartReply exec John Falcone and others in the New York suburbs, notified the SEC on May 26 that it has raised $3.97 million for…

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AOL’s Set for ‘Hundreds’ of Communities

Jon Brod, EVP, AOL Ventures, AOL's hyperlocal network, will grow from its tally of 30 sites today to "hundreds" by the end of 2010, per an internal memo read by Business Insider (and that we saw on The…

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