U.S. publishers Gannett Company Inc., The New York Times Co. and The Washington Post Co. have invested US$12 million in a start-up company called Ongo, which is developing a news aggregation website that will draw content from major publishers, The Wall Street Journal revealed today.

"We are building Ongo to reflect the many ways consumers prefer to read, organize and share digital news," Ongo's founder and chief executive officer Alex Kazim stated in a press release. The service is expected to go online by the end of the year.

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