In its pursoot to revolutionize the pay-for-news publishing industry, Scribd has launched a new digital publishing platform called Float. This digital newsstand plans to capitalize on paid online news. The news publishers have worked on ways to make profit out of the online reading of its users. Float may help them to do just that. Scribd collects news from large arrays of fields and aggregates them in one place. This is then made available for readers at a monthly rate.
This is news reading for the new generation!