"Also, the current trend in blogging, led by Valleywag and others, is to 'go negative first, and ask questions later.' That tabloid-style journalism tends to generate a lot of eyeballs and, subsequently, advertiser dollars. This is something we just can't compete with. By acquiring FC, we can go more negative faster than anyone else out there, when and if we need to."
"Entrepreneurs with new ideas will always have a way to reach potential users and customers. They just won't be able to do it here any more."
Are they trying to just become a regular news outlet then? It seems like a bad move on their part to abandon the entrepreneurs and startups that made them what they are today.
That pretty much gives it away. April Fools.