L.A. Stories: HipSwap Tries to Take the Creepy out of Craigslist (Video)

The mobile app-heavy service allows anyone with stuff, including boutique merchants with quirky stuff to move, to quickly snap photos of items, price them and then — presumably — sell.
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Klout Confirms Mega Funding Round

Klout finally confirmed today that it has raised a significant round of Series C funding.
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L.A. Gets Another Start-Up Accelerator, This One With Strong Entertainment Ties

Until very recently, Los Angeles had what some people said was a stunning lack of early stage start-up accelerator programs. It doesn’t have that problem anymore.
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SteelHouse Raises $6.3 Million to Be the eHarmony of E-Commerce

SteelHouse has raised a second round of funding, totaling $6.3 million, to build an e-commerce platform tailored to each shopper’s individual personality.
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Exclusive: Disney Acquires “Sophisticated” Mommy Blog Platform Babble Media

Organic arugula alert: Disney’s interactive unit is calling all urban hipster parents!
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Former Myspace Music Head Holt Lands as COO at Maker (Plus Cool Video!)

As video on the Web evolves, Courtney Holt moves to the new-generation production company — which makes and distributes more professional original content to the Internet, mostly via YouTube.
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Hey Kids, Let’s Put on a $4M VC-Funded Show! A Visit to the YouTube Moguls of Maker Studios (Video)

Maker Studios, a new-generation production company, has just gotten another $2.5 million in venture funding to help it make videos, mostly for YouTube. That brings total funding from Greycroft Partners and GRP Partners to $4 million for a studio created to bring more professional original content to the Internet.
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News Byte

Pulse Gets Quicker With $9M in Funding

The news reader app maker Pulse has raised $9 million in Series A funding from NEA, Greycroft Partners and Lerer Ventures. Palo Alto, Calif.-based Pulse says it now has 4 million users across its iPad, iPhone and Android apps, and it was recently recognized with an Apple Design Award.

Amazon's Cloud Crash Is Over, But the Talking About It Isn't

The big crash of Amazon’s cloud that brought down hundreds of other Internet companies that rely upon it is over. Now everyone who was affected in one way or another is comparing notes on how they coped or didn’t. And for cloud providers not named Amazon, there’s going to be an obvious business opportunity.

You've Got Arianna: AOL Buys Huffington Post for $315 Million in Cash and Stock, Appoints Huffington Editor in Chief

In a bold and definitive move, AOL is paying $315 million, mostly in cash, to buy the Huffington Post, one of the Web’s most prominent news and opinion sites. As part of the deal, Huffington Post co-founder Arianna Huffington–who was derided by some when she co-founded the left-leaning site in 2005 with investor and well-known communications exec Kenneth Lerer–will become editor in chief of a new unit that has purview over all of AOL content properties. The deal was signed just this afternoon.

Kara Visits ContentNext's Rafat Ali