"Well, well, well. A ‘little bird’ apparently informed Reuters reporter Felix Salmon that CNN is buying Mashable, a blog that covers social media-related news, a lot of lists about anything from the funniest cat videos of the day to the most pinteresting Pinterest pinboard of the hour and whatnot, often with the CAPS Lock key turned on for the headlines, for “upwards of $200 million”.
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Founded in 2005 in Aberdeen, Scotland, Mashable says it currently boasts 20 million monthly unique visitors and 4 million social media followers. The blog is headquartered in New York City, with an office in San Francisco."

http://thenextweb.com/insider/2012/03/12/cnn-to-buy-social-media-blog-mashable-for-200-million-a-little-bird-tells-reuters-reporter/

Tech bubble 2.0 at full speed, and accelerating, on its way to full-scale implosion...