Fergie's Tech Blog

Reuters Invests in Blog Aggregator Pluck

Ed Oswald writes on BetaNews:

Aiming to take advantage of the rise of blogging, news wire service Reuters said Tuesday that it was investing $7 million in Web aggregator Pluck in exchange for an undisclosed stake in the Austin, Texas based company.

Reuters will offer Pluck's BlogBurst service to its worldwide customers. The service provides an edited and moderated feed of approximately 2,800 blogs to supplement traditional journalism. Customers include the Washington Post and San Francisco Chronicle in the US, and the Guardian newspaper in the UK.

posted by Fergie @ 11/14/2006 11:56:00 AM