Left-wing billionaires George Soros and Reid Hoffman reportedly funded new media company to fight “disinformation”

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Left-wing billionaires Reid Hoffman and George Soros are reportedly funding a new media company to tackle disinformation.

Good Information Inc. will launch on Tuesday and will be led by former Democratic strategist Tara McGowan, according to Axios.

“Good Information Inc. aims to fund and grow businesses that cross echo chambers with factual information. As part of its mission, it plans to invest in local news companies, ”Axios reported.

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Left-wing billionaires George Soros and Reid Hoffman reportedly tackle disinformation.
(Getty Images)

“We are disclosing our investors because we believe – especially at this time in this environment of mistrust – that transparency is really important,” McGowan told Axios, noting that investors Ken and Jen Duda and Incite Ventures are also involved in the project.

McGowan has claimed the group could potentially invest in “entities from all political walks of life,” but history suggests it will refrain from helping Tories because Hoffman and Soros are staunch supporters of liberal causes.

Hoffman, the co-founder of LinkedIn, is one of Silicon Valley’s top donors to Democratic campaigns and PACs. He has donated millions of dollars to Democratic groups, although his money also goes to non-traditional groups that are not mandated to declare their funding and often operate in the shadows. He was forced to apologize in 2018 for funding a group that falsely tried to make the Russian government appear to be backing Alabama Republican Roy Moore in a special senatorial election in 2017.

Soros has funded liberal causes around the world for years. He recently helped fight California Governor Gavin Newsom, D., when he faced a recall by donating $ 1 million to the “Stop the Republican Recall of Governor Newsom” organization.

Billionaire investor George Soros addresses the audience at the Schumpeter Prize in Vienna, Austria, June 21, 2019. REUTERS / Lisi Niesner / File Photo

Billionaire investor George Soros addresses the audience at the Schumpeter Prize in Vienna, Austria, June 21, 2019. REUTERS / Lisi Niesner / File Photo
(REUTERS / Lisi Niesner / File photo)

Earlier this year, Soros paid $ 1 million to an activist group trying to fund police as violent crime escalates in major urban centers across the country. Soros sent the money through his Color Of Change PAC on May 14, according to Federal Election Commission files obtained by the Washington Free Beacon.

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Good Information Inc., Hoffman and Soros’ latest venture, will apparently invest in new companies and solutions that tackle America’s “disinformation crisis”.

“This could mean funding new or existing businesses that boost existing media news,” Fischer wrote.

Meanwhile, the new company that claims to intend to prevent disinformation already owns a company known for its fake news. As part of the deal, Good Information Inc. will acquire the controversial Courier Newsroom, according to Axios.

Last year, Facebook was forced to announce a new policy “differentiating a direct news outlet from a political persuasion operation” to prevent operations from spreading one-sided messages and ensure transparency about who funds the news. ‘surgery.

At the time, Sara Fischer of Axios, who broke the news, said: “The biggest and most sophisticated example of this type of website is Courier Newsroom.”

Ahead of the Facebook announcement, Fox News explored how Courier Newsroom, which is linked to a left-wing multibillion-dollar black money operation, strategically placed websites in key battlefield states broadcasting ” news stories ”which are often Democratic Party talking points made to sound like local news.

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The same operation also promoted its content on social media platforms and placed expensive ads on Facebook, where it was classified as a media / news organization.

In 2020, Politico ran an article in the Courier Newsroom titled “Newsroom or PAC? Liberal group blurs online information wars,” which detailed how the group “blurred the lines between campaign advocacy and a Press room “.

Newsroom mail published "new" which often appeared to be little more than Democratic Party talking points designed to sound like local media.

Courier Newsroom ran “reports” that often appeared to be little more than Democratic Party talking points designed to resemble local news outlets.

The Courier Newsroom has set up websites that appear to be local news organizations from small towns in major swing states such as Pennsylvania, Wisconsin, Michigan, Florida, Virginia, North Carolina and the ‘Arizona, all with names like “Up North News”. and “The Gander” to give them a local feel.

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Dan Pfeiffer, former senior adviser to President Obama, is expected to serve on the advisory board of Good Information Inc ..

“McGowan says the group’s goal over the next year is to raise awareness of immediate solutions to counter disinformation before it spreads,” Axios reported.

Fox News’ Luka Mikelionis, Andrew Mark Miller and Houston Keene contributed to this report.


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