News Corp Buys Social News Site Storyful

News Corp has purchased Storyful, an Ireland-based startup that works with media companies to gather and verify news via social networking sites. News Corp shelled out $25 million for Storyful, which was founded in 2010 by Mark Little, a former journalist.

As part of the deal, Storyful will operate as its own business under the News Corp umbrella. Its existing partnerships with media companies will continue. Little and David Clinch, Storyful’s executive editor, will still oversee the company’s operations. Rahul

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