Times Company in Group Investing in Blog Publisher
Automattic, the commercial arm of the popular WordPress publishing platform for blogs, has received $29.5 million in financing from four companies, including a small portion from The New York Times Company.
WordPress is open-source software used by bloggers to publish posts. Its chief competitors are Blogger (owned by Google) and TypePad (owned by the software company Six Apart).
http://www.nytimes.com/2008/01/23/business/media/23nytimes.html?_r=1&oref=slogin
But then Google buys the NYT Company and then owns a slice of WordPress too.
Oh, it's all too complicated to follow.
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