>Huffington/ AOL merger more problems
Arrington out at AOL (for real this time)
Not TechCrunch editor. Not AOL Ventures employee. Michael Arrington is on his own.
It has been a very long week for AOL. And it’s about to get even longer.
Last Thursday, word leaked that one of its employees, TechCrunch founder Michael Arrington, was launching a venture capital fund that would include an $8 million commitment from AOL (AOL). Then came a more official version via the NY Times, which included positive quotes from both Arrington and AOL chief executive Tim Armstrong.
Shortly thereafter, however, a company spokesman — apparently acting at the behest of AOL editorial boss Arianna Huffington — said that Arrington had been fired. Another company spokeswoman clarified, saying that he was still in the employ of AOL, but in a non-editorial role that would prohibit Arrington from sourcing investment opportunities via TechCrunch.
https://finance.fortune.cnn.com/2011/09/07/exclusive-arrington-out-at-aol-for-real-this-time/