Friday, December 25, 2009, 7:10PM ET - U.S. Markets Closed for Christmas.

From All Things Digital, Dec. 1, 2008:
A BoomTown Interview with Oak Investment’s Fred Harman
The Huffington Post will announce this morning that it has raised $25 million, in a single investment from Oak Investment Partners.
The large round by Oak, which was led by Palo Alto, Ca.-based venture capitalist Fred Harman, will give the popular online news and blog site a valuation of just “south of $100 million,” a source said.
The new funding, the Huffington Post’s third, will be used for expansion of its offerings and the hiring of editorial and business talent.
“There is an inevitable shift from offline to online with people increasingly getting their news media online, and this election proved how powerful the Huffington Post could be,” said Harman, in an interview with BoomTown. “And I think the post-election perception of the Huffington Post has changed in the eyes of advertisers to being a key mainstream news site.”
Indeed, the Huffington Post–which is now billing itself as ‘”The Internet Newspaper”–has been hitting on all cylinders during the current election season.
And it hopes to continue building that momentum into the Obama administration, which will give the liberal-leaning site a lot of advantages in coverage.
The Huffington Post has also become a powerful news aggregator, much as the more conservative Drudge Report has, sending traffic all over the Web from its site by linking with a variety of online sites. It also has a strong offering of high-profile bloggers.
But the site’s leaders are also hoping its traffic strength will allow it to be as strong in arenas outside of its flagship political arena, including in business, local, “green” and investigative news.
It will also use the money to make acquisitions, the company said in a press release about the funding, which it put out this morning.
It’s certainly a long way from May of 2005, when its high-profile Co-Founder Arianna Huffington was roundly mocked for launching the site. Today, she has seen her power grow as the site’s traffic and influence has.
The site’s namesake operates out of her California-based office in Los Angeles, while the company has its HQ in New York.
For the full story, see the jump.
For additional news from All Things Digital, click here.
Oak Investments also invested in Airspan Networks.. check that doggy.. ha ha
Let us make sure the GOP wont be heard from for at least a generation. The 24% of the Bush supporters seem to make it here though. Good luck retardlicans...Palin 2016...lol
this is literally the worst $25MM investment I have seen since the dotcom implosion. That rag is nothing but a joke machine
When are liberals going to understand that people don't give a damn about their ideas? Disgruntled, unempowered Americans have written liberals a blank check to address the short falls of mankind. No one, not even their constituents, wants to know how badly they are damaging our liberties. People only want to believe that liberal solutions will work and that the perpetrators will be paying the bill. No matter how she presents the liberal ideology, you can't put lipstick on a pig. No! I maent her ideas. hahahaahahaahaha
25 MIl ?? Pocket change for Soros but a big deal for Ms. Mush Mouth. Still she will have some effect on those who wish to be led around by their nose. The trend is left. Get used to it. React to it. Keep it in check. Fight the good fight and hope common sense can right the nation's ship. 25 mil could be put to much better use.but Mr. Harman has an agenda.
people understand money is still out their get on board.
Great News!! I Congrats to A.H. and the Post.
Nice!! It's refreshing to see that someone is actually laying blame on both factions of our lustrous congress. Each party has its pros and cons. It doesn't take a brilliant scholar to elucidate this fact. I just pray that Obama has the common sense to see this and appoint the smartest minds from both Republicans and Democrats.
Unfortunately if you have any other political leaning other than a rabid Democratic Obama supporter, this blog certainly let you down as a balanced source of media information during your primaries. As a non American who used to visit that blog it became nothing much more than attack after attack against anyone speaking out who was not in full support of Obama that I gave up on the site and stopped visiting it. I certainly hope it returns to somewhat of a more balanced approach but I somehow doubt it will now.
Hey,IMWATCHIN! I'm not a Bush fan,too liberal for me! Can't be with the libs. controlling the press, but how bout this? Bush removed a tyrant that murdered his own and threatened the life of an American President. He gave the right to vote and education to millions of women. May have dodged the draft. Ivy League party guy. Expanded the Fed. Govt. with the help of Kennedy and others..... Jet fighter pilot! Governor.. The list goes on.. If he were a Dem. he would be a National Hero! Congrats. IMWATCHIN, your anti: Patriots have the power and believe that punishing success is proper. Remember when the first Bush heavily taxed the yacht makers? Guess what? The yacht makers left the country! Maybe a real patriotic conservative will show up next time we exercise our right to vote. country!
it would be nice of them to invest in a better "censorship" gadget- or better yet, how about not censoring comments at all (unless they're racist or use foul language) A "progressive" paper that censors... that's like saying you're Mussolini fighting against fascism. HP is annoying me A LOT lately!
I adore HuffingtonPost. Of course, I'm "liberal learning." And unfortunately, the truth tends to be seen by Freepers as "liberal learning." Truth is, Arianna's enterprise is worth $100 million.
I think that we can safely say that the Huffington Post is the propaganda arm of the Democratic Party.
Good for her and good for the truth. It's time for this country to turn away from the MM and listen to people that have been right about everything for the last eight years.
All the wingnuts are showing their jealously here, Arianna! Congratulations! As for the commenter complaining about huffpo not publishing counter-point comments, well, they certainly do. Many of the most disgusting trolls are able to get their comments up. Maybe yours are just too stupid to publish, not unlike your comment here. Hey, you want to see some real censorship? check out the right wing blogs. You have to be a fully vetted fascist creep to even be allowed to attempt to comment. Any of you wingnuts whining about her "bias" have anything to say about FNS? Newsmax? Drudge? Should they be denied opportunity too, due to THEIR obvious bias?
Two Words: Hatred Sells and this proves it.. (Oh well I guess that was more than 2)
It all boils down to how truthful the site is with it's reporting. The public will get on their case if they end up becoming what they set out to oppose (becoming the government's mouthpiece like Fox is). The beauty of print publications (online or traditional) is that you actually have to READ it instead of watching someone scream their opinions on television. People form better opinions this way and not feel blindsided.
A wingnut calling centrists like myself a wingnut ? I wouldn't be caught dead reading the Huffington Post or the Drudge Report when there are so many better sources of News out there.. So many. In fact, it's simply a wingnut hate side based on all the posts I have seen; which I will not waste time on ever again.
Gypsies are known for picking pockets and scamming. A.H. is the best
Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes for NASDAQ, NYSE and Amex. See also delay times for other exchanges. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. Fundamental company data provided by Capital IQ. Financials data provided by Edgar Online. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and Morningstar Index data provided by Morningstar, Inc. Analyst estimates data provided by Thomson Financial Network. All data provided by Thomson Financial Network is based solely upon research information provided by third party analysts. Yahoo! has not reviewed, and in no way endorses the validity of such data. Yahoo! and ThomsonFN shall not be liable for any actions taken in reliance thereon. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.
CB44 - Monday December 01, 2008 11:07AM EST
Fred Harmon? Any relation to California Congresswoman and Democrat Jane Harmon? Gee, I wonder if Ms. Huffington will run a single article about how the economy went south a year after Democrats took control of Congress and ignored the warning signs and refused to help the country, placing Party before Country.