AOL Purchases TechCrunch

AOL is trying to regain some of its influence online with the purchase of a number of assets this week including Techcrunch.com. TechCrunch is one of the more popular blogs online covering technology news and company announcements. The company, headquartered in San Francisco, was purchased for $40 million and will continue to operate as a separate entity. The announcement was made at TechCrunch’s conference TechCrunch Disrupt.