Billionaires [Hoffman, Soros] back new media firm to combat disinformation
axios.com
axios.com
> Although backed and launched [Reid Hoffman (LinkedIn); Ken and Jen Duda (Arista, VMware), Incite Ventures, and George Soros] by progressives, [Tara] McGowan [former Democratic strategist, group leader] says the group could make investments in entities across the political spectrum so long as their editorial standards support fact-based information
> It's the latest example of investments by billionaires targeting disinformation. Craig Newmark (CraigsList) with https://craignewmarkphilanthropies.org/ ; Steve Ballmer (ex Microsoft) with https://usafacts.org/ ; Laurene Powell Jobs with https://www.emersoncollective.com/ (which also invested in Axios)