Wednesday, November 3, 2021

SOROS' MINISTRY OF PRO...Uh, 'INFORMATION' - Soros and Hoffman Backing New Media Platform to 'Combat Disinformation'

Source: MSN

Published: October 26, 2021

By: Jordan Williams

Billionaires George Soros and Reid Hoffman are backing a new media effort to combat misinformation.

The effort, Good Information Inc., is intended to be a "a public benefit corporation committed to restoring social trust and strengthening democracy" by increasing the flow of accurate information, it said in a statement on Tuesday.

News of the effort was first reported by Axios.

The effort is launching with a multi-million seed effort led by Hoffman, who founded LinkedIn, along with Soros and investors Ken and Jen Duda, and Incite Ventures.

Misinformation has become of increasing concern recently, particularly due to false claims spread around the coronavirus pandemic.

Good Information noted that its efforts come as local news outlets across the nation close, and as mainstream, national news outlets prioritize subscription-based services, leaving a gap in reliable news for many communities.

The company plans on prioritizing investing in media companies that serve communities with few choices for finding trustworthy information.

As its first investment, Good Information acquired Courier Newsroom, which has a network of eight local news outlets in Arizona, North Carolina, Michigan, Virginia, Iowa, Wisconsin, Pennsylvania and Florida.

Pat Kreitlow, who co-founded Courier's Wisconsin news outlet UpNorthNews, said in a statement that the company is "extremely happy to be the first investment of Good Information's portfolio."

Read more at:
Discerning the Mystery is a website dedicated to awakening and educating the people to their true potential of mental, spiritual, emotional, and physical growth. It can be difficult work, but if just one person benefits from these efforts, it is entirely worth it. 

If you enjoy what you read here, please give the post a like and share on social media. Also, if you enjoyed this article, please consider leaving a donation.

Feel free to send us an email and tell us what you think. If you have any suggestions or subjects you would like to see discussed, please let us know.

Thank you for your support.

No comments:

Post a Comment