Leave it to seasoned mogul Barry Diller to have the smartest take on the cashiering of TechCrunch founder Mike Arrington: AOL "destroyed" TechCrunch's voice, the IAC chairman said, and editorial director Arianna Huffington should have been told to "shut up and go back to your room" when she raised concerns about Arrington's ethics.
After a protracted back and forth over his fate, editor Mike Arrington is truly finished at TechCrunch, the influential website he started in 2005 and sold to AOL almost exactly one year ago. AOL says Arrington "decided to move on" to running his venture capital fund, relinquishing any role at TechCrunch or AOL.
A Byzantine drama unfolded this weekend over whether Mike Arrington will be fired from TechCrunch, the tech blog he started. He's already been ousted as editor, supposedly because he's starting an investment fund, and that's a huge conflict of interest. But the ethical concerns are bullshit. This is a power play by Arianna Huffington, plain and simple.