Reuters Invests in Blog Aggregator

By Ed Oswald | Published November 14, 2006, 2:19 PM

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.

BlogBurst is split into several categories, including news, politics, sports, health, fitness, technology, gadgets, travel, food and entertainment.

The investment in Pluck would allow it to expand into other regions, the company said, while Pluck's agreement with Reuters would give the company a much wider distribution platform than it had previously.

"This alliance with Reuters will deliver the most extensive network of blog content through the world's largest international news and financial information source," Pluck co-founder and CEO Dave Panos said in a statement. "The combined service will provide a turnkey solution for traditional media companies who want to deliver a richer and more personalized news and information experience to their audience."

Reuters has several other new media projects, including a partnership with international blog network Global Voices and a strategic investment in NewAssignment.net, which is bllled as "an experiment in open-source reporting."

View comments by with a score of at least

Report: Microsoft to randomize Europe's browser screen choices

The fact that "A" is for "Apple" was apparently at the heart of browser vendor objections to Microsoft's alternative to listing IE first.

Acer eclipses Dell for #2 spot in global PC shipments, says iSuppli data

It literally does look like a 360-degree turnaround in Dell's fortunes, as the bells of bad tidings now toll solely for Dell.

Microsoft, don't hang up on Windows Mobile, but do call for help

Only a Manhattan Project can save Microsoft's phone strategy now.

See ya later, WinMo: Microsoft's mobile strategy needs a reboot

Carmi Levy | Wide Angle Zoom: Hands up if you're considering upgrading to a Windows phone for the holidays...Anybody?

Playing catch-up in 2010: Windows Mobile, BlackBerry, and Symbian

Microsoft, RIM, and Nokia are each working on improved mobile operating systems. But could these efforts add up to too little, too late?

Will Nokia's plans further alienate American consumers?

A look at Nokia's plans for the coming years does little to shine up the company's increasingly dull image.

Bing bonked by service outage Thursday, Microsoft configured the wrong server

It's always nice to have a backup, but it's even nicer to remember which one is the backup. That's the lesson Bing's admins learned yesterday evening.

Survey reveals there are more women then men, including on social networks

If you think you can market your products and services online as though you're selling car batteries in the middle of halftime, think again. And again.

Android team updates 'Donut' and 'Eclair' SDKs

The Android SDK includes components which optimize app development for each version of the mobile operating system. Today, the 1.6 and 2.0 components got updates.

The Black Screen Syndrome, or, Tech news in search of the apocalypse

Scott Fulton On Point: This is a story about something that should not have been a story, about something that at one time was a story.

Online advertising evolves away from display, toward interactive software

Marketing departments and agencies are increasingly establishing positions for "creative technologists" who can steer designers and developers toward platforms that enable direct connections with consumers.