Goodbye Bill

Slate has a new owner. The online news magazine with an eight-year history of critical acclaim and financial struggle has been bought from Microsoft by The Washington Post Co. for an undisclosed sum.

Slate's editor, Jacob Weisberg, said in a message to readers,

"Although the move creates exciting opportunities for us, especially on the business side, neither the new publisher nor the old editor (who is also staying) envisions drastic editorial changes."