AOL announced that it’s buying the Huffington Post for over $300 million in cash. AOL has spent over $530 million on acquisitions this past year and this buy is another step towards becoming a massive content company. HuffingtonPost.com will bring the company 26 million unique visitors a month to turn into even more advertising revenue. In other news, activist hero and Google marketing executive, Wael Ghonim, was finally released by Egyptian authorities on Monday. After disappearing over a week ago, Ghonim was one of many advocates who went missing during the protests. While his release is heartening, there are still other protestors uncounted for. And finally, hacktivist group ‘Anonymous’ outdid itself once again and hacked the very agency that is investigating it. Security firm HBGary Federal had its Twitter, LinkedIn and email accounts of COO Ted Vera hacked. ‘Anonymous’ posted the information online, including the text of over 60,000 company emails.
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