It looks like the local market is heating up even more, with MSNBC.com announcing the acquisition of Chicago-based EveryBlock.

Sources said MSNBC.com–a joint venture of Microsoft and NBC Universal–paid several million dollars for the “hyper-local” information site, which is up and running in 15 cities, including New York, San Francisco, Seattle, Chicago and Boston.

In June, Time Warner online unit AOL paid about $10 million to buy Patch Media, a platform that does deeply localized coverage of communities on a range of topics.

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At the seventh D: All Things Digital conference, besides interviewing a lot of tech and media muckety-mucks, the All Things Digital staff and friends also got a terrific screening of a new documentary–“Autumn Gem”–by our Webmaster, Adam Tow, and his wife, Rae Chang.

The pair co-produced the project, which explores the extraordinary life of the Chinese revolutionary heroine and women’s rights activist, Qiu Jin.

Even more interesting is what it is like to get an indie film made and distributed in the digital age, which I talked about with Tow and Chang last week.

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Some of the best delivery of video on the Web right now is via the TED Web site–the Internet part of the well-known conferences where big thinkers express bigger thoughts, mostly focusing on technology, entertainment and design.

The organizers have long put those analog talks, called TEDTalks, online. But they are now trying to make them even more accessible globally–with subtitles, an interactive, time-coded transcript, and the capacity to be translated by volunteers world-wide. It launches today with 300 translations in 40 languages, including Urdu.

Yipes! We were planning to translate All Things Digital in Pig Latin–for example: Ittertway isway away ecretsay otplay otay estroyday ethay umanhay aceray iavay Ashtonway Utcherkay–but nixed the effort due to cost.

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