Time Warner Inc.'s (TWX) AOL loses Jason Calacanis, the outspoken blogger and entrepreneur who ran AOL's Netscape division, when he resigned today in the wake of firing AOL's chief executive, Jonathan Miller.
Calacanis sold his company, Weblogs Inc., a network of blogs to AOL last year and continued to run it from his Santa Monica, Calif offices. He took over Netscape.com this year, transforming it from a Web portal into a site that lets users vote and comment on news articles.
He had considered leaving AOL and starting a new company but with the firing of Miller he made this statement about his resignation; “I’m not inclined to start over with a new guy,” Mr. Calacanis said in an interview on Thursday. As for what to make of the treatment of Mr. Miller, who discovered he was being replaced after a reporter called AOL asking about Mr. Falco’s appointment, Mr. Calacanis said only: “I’m perplexed. Why now?”
Read the full NYTimes.com article here.
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