Remember Circa, the breathlessly hyped news app that attempted to summarize stories by breaking them down into small, flavorless nuggets of content? The app abruptly stopped publishing in June after finally depleting $5.27 million in venture capital, but today the Wall Street Journal reported that it has finally found a benefactor: the conservative-leaning television news conglomerate Sinclair Broadcast Group, whose venture capital division recently acquired all of Circa’s assets for just $800,000.*
When asked how he keeps up "with the latest tech news when there are so many blogs," Times editor David Gallagher immediately cited TechMeme, a direct competitor of Blogrunner, as "one of my favorite sites." Although the Times serves Blogrunner results from the front of Gallagher's own section, the editor didn't plug the site in his three-paragraph answer. It wasn't the first time the Times forgot about its 2005 acquisition; reporter Saul Hansell says he considered pushing the newspaper to develop something similar before discovering "we actually owned a company that did that" (see video).