eBay Founder Launches Paid-For Online News Service

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23 April 2010
32 second read
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Pierre Omidyar, the chairman of eBay, is entering the news business with an online service in Hawaii. By charging $19.99 (£13) a month for membership, Omidyar hopes to accomplish what newspapers and other media organisations have long struggled with — having readers pay for content and making local news profitable

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