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Arianna Huffington signs off at The Huffington Post

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"I thought HuffPost would be my last act", Huffington said via Twitter on Thursday.

"When I chose to create Thrive Global, I thought it would be possible to build a startup and continue as editor in chief of the Huffington Post", Huffington said in a statement. Thrive Global has closed its series A funding round. Six years after the site went live, AOL acquired The Huffington Post for $315 million in 2011. In late July, Verizon announced the $4.8 billion acquisition Yahoo, which has its own hefty media business.

Huffington co-founded the news site with entrepreneur Jonah Peretti-founder of Buzzfeed-and Kenneth Lerer. This news story is related to Latest/141786-Arianna-Huffington-leave-Huffington-Post/ - breaking news, latest news, pakistan ne.

As for why she's decided not to stay on at the company in another position, she explained, "I have been running Huffington Post for 11 years and I couldn't imagine having another relationship with it".

Arianna Huffington is leaving the Huffington Post.

HuffPo was far from the only media website that grew big on search engine strategies, but it was one of the few that deftly managed the shift to social media distribution.

When the Huffington Post was sold to AOL five years ago, Ms. Huffington was named president and editor-in-chief of the Huffington Post Media Group, which took on other AOL media properties like Engadget, TechCrunch, Moviefone and MapQuest.

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AOL's takeover of the Huffington Post had its rocky moments, in part because of tensions between AOL CE Tim Armstrong and Huffington over issues such as allocation of resources, reports say.

"One of the Thrive principles is knowing when it's time for a new chapter to begin, and for me that time has arrived", she said today.

She authored the 2016 book "The Sleep Revolution", which aims to draw attention to health and societal problems stemming from a lack of sleep.

What made the decision easier is my complete confidence in what we have built together.

Thrive Global is expected to launch in November.

Huffington herself confirmed the news in a series of tweets posted shortly thereafter.

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