Inside these posts: Online news

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NYT.com pay wall goes up at 1 p.m.

Beginning at 1 p.m. CST Monday, The New York Times will end free access to its Web site for non-subscribers. In erecting a paywall, executives at the Times are trying to walk a fine line: generate subscription revenue from avid readers willing to pay, while still retaining more the casual customers who boost advertising revenue with their clicks.

Analyzing online readership habits and polling data led the Times to set that fine line at 20 articles every four weeks. Click on fewer and you’ll have free access — but to get article #21, you’ll have to pay up. Get the full story »

AOL to acquire Huffington Post for $300M

The Huffington Post this morning. (Reuters)

AOL Inc. will buy Arianna Huffington’s influential website for $315 million, looking to the high-profile liberal pundit to rescue it from the dustbin of Internet history.

The move comes at a hefty premium. AOL is estimated to pay 32 times earnings before interest, taxes, depreciation and amortization for the Huffington Post, said Benchmark Co analyst Clayton Moran.

Similar content deals, such as Hellman & Friedman’s acquisition of Internet Brands in September 2010, typically go for eight to 12 times earnings, said Moran. Get the full story »

Ongo online subscription news service launches

A personalized news service funded by New York Times Co., Washington Post Co ., and Gannett Co. launched Tuesday in an attempt to get readers to pay for online news.

Ongo, which received $12 million in funding from the three newspaper publishers, delivers news from a variety of sources starting at $7 a month. Get the full story »

Poll: People can’t live without high-speed Internet

High-speed Internet has had the greatest technological impact on society over the past decade and is the technology most people say they cannot live without, according to a new poll.

Twenty four percent of 1,950 U.S. adults questioned in the online survey conducted by Zogby International said high-speed Internet had the greatest impact on their lives, followed closely by Facebook at 22 percent and Google with 10 percent.

Of the technologies people say they cannot live without, high-speed Internet came in first at 28 percent and email was second at 18 percent. Get the full story »

Twitter co-founder hopes to create news network

Biz Stone, the co-founder of popular microblogging site Twitter, is eager to harness the vast quantities of information that it helps its users share to create a news network, he told Reuters Monday.

A Twitter news network would not necessarily be run by Twitter itself but would be in partnership with several existing news organizations, and would be open, Stone said. Get the full story »