Fox Interactive buying up Web 2.0 companies
During an interview conducted by Mike Arrington of TechCrunch at the IBDNetwork Under the Radar event, Ross Levinsohn, president of Fox Interactive, just said that he had bought one of the companies in the room (still finishing the paperwork), but didnt' say who. He has a $2 billion war chest to buy new companies, and went on to say he would bet that he will buy five more companies in the room.