At the Future of Media’s event in New York no party denied the rumors that the Yahoo is trying to purchase the admired news website, The Huffington Post.

Talking at the occasion at NYU, Yahoo’s media VP James Pitaro said,
“That Yahoo doesn’t “comment on rumors or speculation. However, that Yahoo has a “fantastic relationship” with The Huffington Post and that Yahoo was “always looking at different opportunities” with its media partners. “

When Huffington Post originator and Editor Arianna Huffington was inquired is the website was purchasable? She merely affirmed that,
“We are very happy with our relationship with Yahoo”.

Previous in the events Pitaro had said that,
“Yahoo was planning on extending its news network with a pro-am approach of paid journalists and talented bloggers. “

Possibly will purchase The Huffington Post be the subsequent stair in that procedure? We will observe.

What do lots believe? Would the HuffPo misplace some of its status as a progressive information opening if it cut down beneath Yahoo’s poster? Let us be acquainted with the customary method.

[Via pocket-lint]