U S West Interactive acquires stake in startup

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U S West Interactive Services acquired a 35% stake in Student.Net Publishing, an Internet publishing company founded in 1995 by students at Yale and Columbia Universities. It is currently the sole investor in the site. Student.Net, based in New Haven, Conn., features articles written by college students on topics like university traditions to political coverage to humorous essays. As part of the investment, Student.Net Publishing will work with U S West Interactive to develop local editions of the Student.Net Web site for universities located in cities served by DiveIn, U S West's regional services that launch next week.

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