The founder of virtual marketplace eBay is stepping into the news business, aiming to launch a news site that will do what other news publishers are struggling with: getting people to pay for news, The Associated Press reported today.
Honolulu-based billionaire Pierre Omidyar will launch a news site called "Honolulu Civil Beat," which will be home to community news in Hawaii. Users will be required to pay to discuss issues, ideas and exchange information about matters affecting their communities. Civilbeat.com goes live today with an official launch scheduled for May 4, and plans to charge US$19.99 for monthly membership.
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