Exclusive: Billionaires back new media firm to combat disinformation (Axios)

Axios: Exclusive: Billionaires back new media firm to combat disinformation. Oh boy, more billionaires. What could possibly go wrong? “A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation. Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.”

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