Michael Arrington | featured news

The talent exodus continues at AOL. The latest to give her notice, according to Business Insider, is TechCrunch CEO Heather Harde. Harde, a former News Corp. executive who joined TechCrunch five years ago, had stuck around after the site's founder, Michael Arrington, left in September after being stripped of his editorial duties in a very public confrontation with AOL editor in chief Arianna Huffington.

Michael Arrington is leaving TechCrunch, the technology blog he founded in 2005 and sold to AOL for $30 million, for a recently formed venture fund, amid drama over his position at the company.

It has been a very long week for AOL. And it's about to get even longer. Last Thursday, word leaked that one of its employees, TechCrunch founder Michael Arrington, was launching a venture capital fund that would include an $8 million commitment from AOL (AOL). Then came a more official version via the NY Times, which included positive quotes from both Arrington and AOL chief executive Tim Armstrong.

Arrington will continue to write for the popular tech blog as he deploys $20 million in start-ups.