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Nick Denton, founder of the New York-based blog network, acknowledges tough economic conditions are a reason behind sale of three blogs: Idolator, Gridskipper, and Wonkette.
The parent company of successful blogs like Kotaku and Lifehacker is rumored to be working on a sci-fi title, and has a highly sought-after editor in mind.
Video game foe had sued the blog-publishing company for refusing to remove Kotaku comments that he deemed "threatening."
The story that Barack Obama's web site was hacked is not true.
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