Fusion Garage, the engineering side that booted TechCrunch off of their own Crunchpad project, is about to be unveiled in a live webcast. We're going to be liveblogging it at 9:30 AM PT (12:30 PM ET). That's basically now.
9:22: The stream was active for a second—I got a screencap of it above—but it looks like they shut off the video.
9:23: In case you're not familiar with the story, hit up this link while the webcast is still preparing, and check it out. Basically, Fusion Garage, on behalf of their shareholders, decided that they wanted to cut TechCrunch out of any involvement (besides a crappy advisor role) after the two parties had developed the thing together. Think of it as if your wife one day told you that she'd be raising your kid by herself, and your involvement was no longer needed.
9:28: It's sad, really, since the CrunchPad was supposed to be one of the first (if not the first) cheap tablets that was designed just for web browsing and "consuming" content. The perfect bed/toilet computer, essentially.
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