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TechCrunch is a news website focused on information technology companies ranging in size from startups to established NASDAQ-100 firms. It was founded by Michael Arrington in 2005. On September 28 2010 at its TechCrunch Disrupt conference in San Francisco AOL announced that it would acquire TechCrunch. The transaction was rumored to be between $25m and $40m.In 2011 the site came under fire for possible ethics violations leading to Arrington’s departure.