<p>Robert Thomson, News Corp chief executive. News Corp announced today that it bought Storyful, a startup that finds news on social media, for $25 million.</p><p>Here's the release:</p><p>Accelerating News Corp's digital transformation and video strategy, the company has acquired Storyful, the world's first social news agency.</p><p>Building on Storyful's skill in finding verified news amidst the noise of social media, News Corp will use its own global scale, robust digital presence and advertising expertise to enhance and expand Storyful's video products and services for newsrooms, advertising agencies and brands. News Corp will also utilize Storyful's tools to help drive engagement and revenue across News Corp's businesses.</p><p><a href="http://www.businessinsider.com/news-corp-buys-storyful-2013-12">Keep reading...</a></p><p>Read also:</p><p><a href="http://socialnewsdaily.com/21692/news-corp-acquires-storyful-for-25-million/">News Corp Acquires Storyful For $ 25 Million</a> (Social News Daily)</p><p>Explore: <a href="http://news.google.com/news/more?ncl=dYtwNOIhW_CMbEM5NYOlBMUplZfgM&ned=us">123 additional articles.</a></p>