News from the business side of the personal media world: Jotspot.com, one of the Wikis mentioned in our lovely Toolbox feature (Read it. Now. You’ll thank us later) has just been acquired by Google for the astonishing sum of $50 million. Valleywag points out that with the sheer amount of cash Google has on hand, $50 million is just a drop in the bucket.

Well, duh. I think we knew that already.