Text Link Ads a leading advertising firm has been acquired by MediaWhiz Holdings. TLA has been a great source of income for thousands of publishers. TLA lets advertisers to place simple text links on the websites of publishers. You also have an affiliate program where you can earn money on new referrals. MediaWhiz was founded in 2001 by Jason Cohen. They are into lead generation, affiliate and email marketing and display advertising (similar to TLA). Patrick Gavin, President of TLA in his email has stated that the workforce behind TLA will remain the same. They will be moving to New…

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There is a blog post on the Reddit blog that says that Condé Nast has acquired Reddit. Condé Nast is also the owner of Wired and other magazines. The rumoured price tag is about $65million! Techcrunch too has a story on this.

Joe Kraus of JotSpot reports that JotSpot is now a part of Google. What is JotSpot’s product? While other wikis only support plain old text, JotSpot’s wiki allows you to create rich web-based spreadsheets, calendars, documents and photo galleries. It’s as easy as using a word processor — you don’t need to know HTML. Thousands of businesses are using JotSpot to manage projects, build an intranet, share files and stay in sync with colleagues and customers. Registrations are now closed and you call fill in your email address in case you wish to be notified of releases. They have put…

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