Rumors of a new online media empire in the making:

"Arianna Huffington, the conservative-turned-liberal author, pundit, California gubernatorial candidate, and bona fide blogger, is adding "media entrepreneur" to her list of titles with a new online publishing venture, the Huffington Report."

Business 2.0 speculates that "the Huffington Report appears to be a culture and politics webzine in the classic mold of Salon or Slate. It will have breaking news, a media commentary section called "Eat the Press," and its most interesting innovation, a group blog manned by the cultural and media elite..."

Rafat Ali of Paid Content has already done some behind-the-scenes sleuthing on the matter and came up with the following:

"HuffingtonReport.com is registered by Jonah Peretti, the director of R&D at Eyebeam, an experimental art and technology non-profit based in NYC (and Eyebeam recently granted a fellowship to uber-blogger Jason Kottke). Is Eyebeam funding it, and is Kottke involved in this?"