Ebay founder Pierre Omidyar has joined forces with Guardian civil liberties/U.S. national security columnist Glenn Greenwald to form a new journalism venture. Jay Rosen talked to Omidyar about this and offers early details, though the shape of the new company and its products is still very much undetermined.

Combined with Jeff Bezos’s purchase of The Washington Post, this seems to indicate that we are in for some innovations in news in the next year or two. It’s also interesting how these events replicate the old pattern of successful entrepreneurs in other industries turning to journalism and media to help cement their legacies.

Read Rosen’s write-up of Omidyar and Greenwald’s venture at his Press Think blog.

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