AOL, Inc. (NYSE:AOL) is having a hard time retaining some of their talent. Within the last couple of days, AOL saw Brad Garlinghouse and Sarah Lacy leave the company. Now former TechCrunch CEO Heather Harde is leaving the company. Harde became an executive at AOL after technology blog TechCrunch was acquired. It is believed that Harde was pissed when a Huffington Post CEO sent out an e-mail bashing TechCrunch founder Michael Arrington.

Google Inc. (NASDAQ:GOOG) executive chairman Eric Schmidt has been vocal about proposed legislation regarding online copyright regulation today and said that the PROTECT IP Act in the U.S. Senate and the Stop Online Piracy Act in the U.S. House of Representatives would censor the Internet. This bill is intended to combat pirated movies and music and allow copyright holders and law enforcement officials the ability to cut off websites.

AOL, Inc. (NYSE:AOL) has posted revenues of $532 million with an earnings loss of $0.02 per share. This is great news for the company because Wall Street was expecting the company to hit $524 million and a loss of $0.06 per share. The company was able to gain revenue from their gains in The Huffington Post and the TechCrunch acquisitions.

The Huffington Post Media Group has acquired online grassroots company Localocracy. The price of Localocracy was under $1 million according to sources with AllThingsD. The Huffington Post, which hit one billion page views in August, also announced that they were hiring New York Times senior columnist Lisa Belkin.

The three rival companies AOL, Inc. (NYSE:AOL), Yahoo! Inc. (NASDAQ:YHOO), and Microsoft Corporation (NASDAQ:MSFT) are partnering with each other on ad sales. The three are partnering in an effort to effectively compete against Google. The three companies are also aiming to gain back ad spending that ended up in the hands of other ad networks.

Michael Arrington is best known for being the founder and co-editor of TechCrunch, a technology blog that sold to AOL for roughly $30 million. Now Arrington is planning on starting a venture capital company with Patrick Gallagher of VantagePoint Venture Partners. Their plan is to raise roughly $20 million and fund companies that are a seed or early stages. The company’s limited partner will be AOL. Several people believe that this will cause a major conflict of interest for companies written on the TechCrunch blog, but the the writers on that blog disclose all investment information if Arrington holds equity in the companies being profiled.

AOL is preparing to launch a new web-based group video chat that is internally known as AV. I tested it out and it works great. Once you visit the homepage, click on “Start a video chat.” Assuming you have Flash installed and that you have given AOL permission for webcam and microphone use, AV should work.

Jonathan Tasini is a freelancer that is suing The Huffington Post for not paying bloggers. You may remember that The Huffington Post was acquired by AOL for $315 million. It turns out that Tasini has a blog of his own where he invites people to contribute without pay also.