MSNBC buys Newsvine

Oct 8 2007, 5:04am CDT | by Luigi Lugmayr

News site MSNBC has never bought a company before. Today they announced that they have acquired Newsvine - a social news site.

With Newsvine MSNBC gets a community service to leverage citizen journalism.
The terms of the deal have not been disclosed. Newsvine will continue operating independently, just as it has since launching in March of 2006.
More details in this story on MSNBC and on Newsvine.

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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.