US: Huffington Post to launch San Francisco edition
Posted by Lauren Drablier on December 3, 2008 at 2:06 PM
According to reports, Arianna Huffington is planning to launch a San Francisco edition of the Internet newspaper, the Huffington Post.
The site received a $25 million investment from Oak Investment Partners and plans to use to money towards developing "more video, more citizen journalism initiatives....and a fund for investigative journalism."
The site received a $25 million investment from Oak Investment Partners and plans to use to money towards developing "more video, more citizen journalism initiatives....and a fund for investigative journalism."
Oak Investment general partner, Fred Harman explains why the company chose to invest in the site,"The Huffington Post benefits from a strong brand ... and an approach to content that leverages other news and blogger feeds in a manner traditional media players have not."
Source: San Francisco Chronicle
Source: San Francisco Chronicle
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