With technology leaders promoting the concept of Web 2.0 -- a vision of the Internet that replaces the top-down, one-expert-to-many-readers model of information distribution with participatory and collective knowledge -- OhmyNews seems prescient in its core belief that "Every citizen is a reporter"...OhmyNews, which has been in operation for six years, received further confirmation of the value of participatory journalism last month in the form of a $11 million investment from Softbank, a Tokyo-based technology and Internet investment firm, to expand its international presence, most notably by launching a Japanese edition later this year. The funds will also be used to develop OhmyNews' video journalism arm...more...