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Short Take: Talk City gets funding from media companies

Talk City said that NBC, the Hearst Corporation, and Cox Interactive Media have made or increased equity investments in the online community network. Additional new investors include Intel, CSK Japan, and Media Technology Ventures. The investments total $34 million. Executives from some of these companies also are joining Talk City's board.

Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
Jeff Pelline
said that NBC, the Hearst Corporation, and Cox Interactive Media have made or increased equity investments in the online community network. Additional new investors include Intel, CSK Japan, and Media Technology Ventures. The investments total $34 million. Executives from some of these companies also are joining Talk City's board.