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Slate Drops The Big Money, Welcomes Weigel; DeGeneres Leaves Idol
July 30, 2010
The rebirth of Henry Blodget draws nearer to its logical conclusion. The disgraced broker lands $3 million from venture capital firm RRE to fund his burgeoning Business Insider empire. As Blodget notes, that's more cash than he's spent during the past three years combined and will allow his network of sites to become "turbocharged." Plans include expansion of the newsroom, more original reporting, new verticals, and international editions...