Jason Calacanis made a ton of money selling Santa Monica-based Weblogs, Inc. to AOL and for the past year has been working there and running Netscape. Yesterday his mentor at AOL was replaced, and Tech Crunch reports now that Calacanis resigned today. At his own blog he issues a no comment.

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6:50 PM Thu | Largest crowd for a Walk of Fame star ceremony that many could remember, outside the Capitol Records tower on Thursday. Photo by Gary Leonard.
Mark Lacter, LA Biz Observed
8:13 AM Fri | Greek debt deal held up, good news for L.A.'s budget, Kodak challenged by theater owner, and cruise ships can't release sewage.
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