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Arianna Huffington to leave Huffington Post to focus on startup Thrive

Staffers there suggested Washington Post media columnist Erik Wemple “examine whether the finite editorial resources of the Huffington Post are being imprudently plowed into book promotion for the editor-in-chief”.

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The Huffington Post, a news organisation which features a mix of original reporting, blogging and aggregated content, was co-founded by Ms Huffington and Kenneth Lerer.

The Huffington Post is known for its celebrity and newsmaker blogs and for cobbling together articles using information from different newspapers and other sources. Initially, it was criticized for that practice by some journalists, including former New York Times editor Bill Keller. The site had 75 million unique visitors on desktop and mobile in the U.S.in June, down 18 percent from a year ago, Comscore data show.

And shortly after, Huffington had won a Pulitzer Prize, was named in Time Magazine’s list of the world’s 100 most influential people and Forbes listed her among the most powerful women. “It is important to know when one door closes and another opens and I felt that moment had arrived”, she said, according to the report.

The company is part of much larger entity – phone and cable company Verizon, which is on an acquisition spree as it builds out its digital ad business. It said last month it would buy web portal Yahoo Inc (YHOO.O) for $4.8 billion.

Arianna Huffington is leaving her eponymous online news brainchild to focus on a new venture.

“I can’t pinpoint when, she seemed to lose her singular focus on politics”, Jarvis said.

Amid widespread speculation over her future with the platform, Huffington put an end to rumors by issuing an optimistic memo to staff that made clear she’d be staying on for another four years, at a reported salary of million per year. The Huffington Post, for nearly five months in late 2015, covered Trump as entertainment news rather than politics.

“I’m a little saddened”, he said.

The series A funding for Thrive Global – which will officially launch in November – was headed up by Lerer Hippeau Ventures. Earlier this year she published “The Sleep Revolution”, a book about getting more sleep.

“As Thrive Global moved from an idea to a reality, with investors, staff, and offices, it became clear to me that I simply couldn’t do justice to both companies”, she said in a statement.

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Tim Armstrong, CEO of AOL, called Huffington “a visionary”, noting the company “is grateful for what she has done in creating such an iconic brand”.

Arianna Huffington in Milan Italy