Aol In Talks To Buy Mashable [Rumor]
By on January 7th, 2010

Pete Cashmore founded Mashable from his parent’s basement in 2005 and now it is the top tech blog after surpassing TechCrunch late last year. There is a rumour in the blogosphere that Aol is in talks with Pete Cashmore to buy Mashable out. This was first reported by Gawker media but has also been confirmed by Robert Scoble.

No price tag has been mentioned yet but we would expect it to be upwards of $30 Million since that is the rumored price Aol tried to buy TechCrunch back in 2008.

This doesn’t come as a huge surprise since Mashable has become the ultimate guide for social media news, tips and reviews with over 2.2 million Twitter followers and close to 100,000 Facebook fans. Mashable has also been on the Suggested User List of Twitter since day 1.

Do you think Mashable will be able to sustain their independent and unbiased opinions after being owned by a giant like Aol? Should internet companies like Aol, Google, Microsoft own such blogs at all? How would you feel if Microsoft goes out and buy TechCrunch?

Author: Tehseen Baweja
Tehseen likes to write about Internet tools that make life easier. Check out his blog at Ijaar.com for more good stuff or follow him on Twitter @tehseenbaweja

Tehseen Baweja has written and can be contacted at tehseen@techie-buzz.com.
  • http://www.techylabs.com Rishabh Agarwal

    No company, be it google or microsoft, should be allowed to buy blogs. Blogs were initially made to raise the voice in an unbiased manner. If these companies start to buy them, they would become another advertising campaigns.

    • http://www.techthunder.in Omkar Dutta

      Agree with @Rishabh

 
Copyright 2006-2012 Techie Buzz. All Rights Reserved. Our content may not be reproduced on other websites. Content Delivery by MaxCDN