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Today Icarus is in her shade. In February the Huffington Post, the website she started in 2005 with Ken Lerer and viral-marketing guru Jonah Peretti, became the 15th most popular news site, just below the Washington Post's and above the BBC's. It garnered 8.9 million unique users that month, according to Nielsen - more than double what it attracted a year ago. It gets a million-plus comments from readers a month. A business newswire recently valued the site at more than $90 million. Only one independently held online-content company (Nick Denton's Gawker properties) is worth...

Author: /time Magazine | Title: Arianna Huffington: The Web's New Oracle | 3/19/2009 | See Source »

...some people believe this model may fundamentally change the news business. When the Seattle Post-Intelligencer became the first large daily newspaper to stop printing and move entirely to the Web, on March 18, the new site was structured uncannily like HuffPo, its original content reduced and jostling for space with guest blogs, wire stories and links to other news sites...

Author: /time Magazine | Title: Arianna Huffington: The Web's New Oracle | 3/19/2009 | See Source »

...Huffington Post was hatched at a party here not long after the 2004 presidential election. Former AOL executive Lerer, who professes to hate parties and to barely have known Huffington at the time, had already launched an anti-NRA site. He saw the need for a counterpoint to Matt Drudge's popular right-leaning website. "For about half an hour it was called the Huffington-Lerer Report," says Lerer. "But I'm shy." He and Huffington raised a million dollars, and Lerer brought in Peretti, his buddy from the anti-NRA website. The Huffington Post was to have three basic...

Author: /time Magazine | Title: Arianna Huffington: The Web's New Oracle | 3/19/2009 | See Source »

...news article "Ifill Accepts HKS Journalism Award" incorrectly stated Gwen Ifill received $25,000 with the Goldsmith Career Award for Excellence in Journalism. In fact, that award had no prize money. A different award—the Goldsmith Prize for Investigative Reporting Prize, which went to Washington Post writers Debbie Cenziper and Sarah Cohen—came with...

Author: By Monica S. Liu, CONTRIBUTING WRITER | Title: Ifill Accepts HKS Journalism Award | 3/18/2009 | See Source »

...also maintained that the prosecution's case was based in part on a letter that was seized by the feds at al-Arian's home but had never been sent.) It was one of the Bush Administration's sharpest humiliations and a glaring example of its chronic overreach in post-9/11 terrorism cases. And critics say what happened next in the al-Arian case was just as bad, a classic illustration of how the Bush government's ethical breaches, disdain for due process and perhaps anti-Muslim bias often turned unsavory terrorism cheerleaders into international martyrs. (Read "When Terrorism...

Author: /time Magazine | Title: A Florida Terrorism Suspect's Legal Odyssey | 3/18/2009 | See Source »

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