Blogging world’s success story Techcrunch is in the final stage of being acquired by AOL, as per Gigaom.

“AOL CEO Tim Armstrong is likely to make an appearance at the conference, and perhaps that’s when the announcement is likely to be made. “

Well, AOL has pretty much screwed all of their acquisitions and if you look at TC, majority of their revenues come from events – so there is definitely a mismatch with AOL’s acquisition (though good for @arrington and team – hoping they get some good exit). And if its just a traffic (and brand) acquisition, would love to see how much of editorial freedom TC team will enjoy (likes of Angelgates).

Xmarks shutdown

Browser sync service, Xmarks is closing in 90 days. Started as a simple hack (for Mitch Kapoor), the service has 2 million users and 1 billion  URLs.

The past four years have been a wild ride for us: growing something from nothing to substantial scale, providing a simple service that people love because it simplifies their lives. We’ve learned tons along the way, often by making big mistakes. We’re really sorry that this last lesson means that you’ll have to find an alternative to Xmarks, but the alternatives exist and you’ll have no problem finding them. – official blog

Blackberry Playbook

Blackberry has unveiled its tablet device, Playbook which is scheduled for North America release in early of 2011 (and rest of the world by Q2, 2011).

Blackberry Tablet runs on BlackBerry Tablet OS SDK and boasts fo 7” screen, 1GHz dual-core processor and 1GB of RAM.

Watch this demo video

Microsoft’s Windows Live Spaces : WordPress

Big win for WordPress as Microsoft’s blogging platform Windows Live Spaces will now move to WordPress.com.

Over a six month period, beginning today, Windows Live Spaces users will have the option to move their blogs to WordPress.com. All current links to your Windows Live Spaces blog will automatically redirect to your new WordPress.com blog after you set it up. In addition, this redirect we’ve set up will maintain your current traffic levels from search engines, as it automatically notifies search engines that your content has a new home on WordPress.com – WP