Tech news from around the web:
- AOL has unveiled the first round of redundancies following its $315m deal to acquire the Huffington Post, PaidContent reports. In India, which accounts for nearly 20 per cent of AOL’s 5,000 staff, 400 jobs will be lost with a further 300 outsourced to outside contractors. PaidContent adds that a much smaller wave of cuts will follow in the US and the total number of jobs cut will be close to 900.

When Arianna Huffington launched The Huffington Post in 2005, critics wrote off the venture as doomed from the start. “The Madonna of the mediapolitic world has undergone one reinvention too many,” said acid-tongued Hollywood blogger Nikki Finke. “She is finally played out publicly.”
Bebo founder Michael Birch thinks that becoming a multimillionaire nearly killed him. Shortly after selling his social networking site to AOL for $850m in 2008, a long-term benign defect became dangerous
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