Tag Archives: HuffingtonPost.com
Viral Tracking Pop Culture Website BuzzFeed Raises $15.5 Million
BuzzFeed is one of my most favorite time-pass websites because they have interesting galleries and lists of pop culture. BuzzFeed has raised $15.5 million in Series C funding led by New Enterprise Associates. Other investors that participated include Lerer Ventures, Hearst Media, SoftBank, and RRE Capital. NEA General Partner Patrick Kerins will be joining the BuzzFeed board of directors. Ken Lerer, the Huffington Post co-founder and BuzzFeed board member, will become the BuzzFeed executive chairman.
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Former TechCrunch CEO Heather Harde Leaves AOL
AOL, Inc. (NYSE:AOL) is having a hard time retaining some of their talent. Within the last couple of days, AOL saw Brad Garlinghouse and Sarah Lacy leave the company. Now former TechCrunch CEO Heather Harde is leaving the company. Harde became an executive at AOL after technology blog TechCrunch was acquired. It is believed that Harde was pissed when a Huffington Post CEO sent out an e-mail bashing TechCrunch founder Michael Arrington.
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AOL Posts Revenue Of $532 Million For Q3
AOL, Inc. (NYSE:AOL) has posted revenues of $532 million with an earnings loss of $0.02 per share. This is great news for the company because Wall Street was expecting the company to hit $524 million and a loss of $0.06 per share. The company was able to gain revenue from their gains in The Huffington Post and the TechCrunch acquisitions.
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Categories America Online, AOL, HuffingtonPost.com, TechCrunch, Tim Armstrong
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The Huffington Post Acquires Localocracy
The Huffington Post Media Group has acquired online grassroots company Localocracy. The price of Localocracy was under $1 million according to sources with AllThingsD. The Huffington Post, which hit one billion page views in August, also announced that they were hiring New York Times senior columnist Lisa Belkin.
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Categories America Online, AOL, Arianna Huffington, HuffingtonPost.com, Localocracy
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The Huffington Post Hits 100 Million Comments
The Huffington Post has hit 100 million comments added to their website. The milestone was hit this past weekend. The Huffington Post averages about 175,000 new comments per day with over 4.45 million comments from last month itself.
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Categories Arianna Huffington, HuffingtonPost.com
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Jai Singh Leaves Huffington Post To Join Yahoo!
Jai Singh has stepped down from AOL, Inc. (NYSE:AOL) subsidiary The Huffington Post to join Yahoo! Inc. (NASDAQ:YHOO). Singh will become the editor-in-chief of the Yahoo! Media Network. He was a managing editor at the Huffington Post Media Group. Singh will be responsible for increasing original content and performance at all of Yahoo!’s leading brands. [paidContent]
Categories AOL, HuffingtonPost.com, Jai Singh, Yahoo!
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After Suing Huffington Post For Not Paying Writers, Jonathan Tasini Gets Caught Himself
Jonathan Tasini is a freelancer that is suing The Huffington Post for not paying bloggers. You may remember that The Huffington Post was acquired by AOL for $315 million. It turns out that Tasini has a blog of his own where he invites people to contribute without pay also.
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Categories America Online, AOL, Arianna Huffington, HuffingtonPost.com, Jonathan Tasini
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AOL/Huffington Post Hit With Lawsuit, Download Squad Blog Gets Shut Down
Lawsuit
AOL, Inc. (NYSE:AOL) is being hit with a lawsuit by bloggers of the Huffington Post who believe that they should have been paid for their volunteer writing. The lawsuit is being led by lawsuit Jonathan Tasini. The class-action lawsuit was filed against The Huffington Post, AOL, and Arianna Huffington. AOL acquired The Huffington Post in February.
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Politics Daily, Walletpop, Urlesque, TV Square, and Luxist To Be Folded Into Other AOL Brands
AOL, Inc. (NYSE:AOL) has just notified some of their staff members that they are going to consolidate some of their media properties. About 30 brands will be integrated into other properties as proposed by editor in chief Arianna Huffington. The properties include:
- Politics Daily being rolled into HuffPost Politics
- Walletpop being rolled into Daily Finance
- Urlesque being rolled into HuffPost Comedy
- Luxist being folded into Stylelist
- TV Squad being rolled into AOL TV
- Other AOL properties will keep their names, but will essentially become sub-headings within The Huffington Post
[Forbes]
Categories AOL, Arianna Huffington, HuffingtonPost.com
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Twitter Co-Founder Biz Stone Hired As “Social Impact” Strategic Adviser For AOL
AOL, Inc. (NYSE:AOL) has hired Twitter co-founder Biz Stone as the “social impact” strategic adviser for the company. This will help with the integration of The Huffington Post into AOL. Stone will help AOL launch cause-based initiatives like helping people volunteer in communities. Stone will also be developing a video series for AOL that is related to philanthropy. AOL has also hired former New York Times editor John Montorio and former MSNBC analyst Howard Fineman. [WSJ]
Categories America Online, AOL, Biz Stone, Howard Fineman, HuffingtonPost.com, John Montorio, Twitter
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