- Dublin's Web Summit team has "taken over" The Europas, Europe's tech startup awards The Web Summit team has "taken over" The Europas, Europe's tech startup awards, and will host an event this coming January in Berlin.
- Twitter to launch its own photo-sharing service Twitter will launch its own photo-sharing service later this week if reports from All Things Digital are true. It's understood that Twitter CEO Dick Costolo will announce the service at the D9 conference in Rancho Palos Verdes, California tomorrow.
- AOL to acquire The Huffington Post for $315 million American news website and content aggregator The Huffington Post will be acquired by AOL for $315 million US dollars, in a deal expected to close in the coming months. Huffington Post co-founder Arianna Huffington will become president and editor-in-chief of a new Huffington Post Media Group, which will include The Huffington Post and other AOL content properties, including recently acquired TechCrunch, gadget blog Endadget, and micro-local news service Patch.