Billionaires Hoffman and Soros Back Company Combating Disinformation Run By Democratic Strategist

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These billionaires are backing a company combating disinformation run by a Democratic strategist

plans to fund and partner with new and existing media companies that tackle the rise of disinformation online by focusing on fact-based information.digital ad campaign against Trump—will lead Good Information.Hoffman and joined by Soros, and Incite Ventures, Axios reports.

While Good Information is backed by progressives, McGowan said the group could invest in any company, as long as it supports fact-based information. As part of the funding, Good Information will acquire Courier Newsroom, a locally targeted news groupThe group’s first goal is to raise awareness of ways to fight disinformation before it spreads, according to McGowan.“The information crisis we're in is so much bigger than politics,” McGowan said to Axios.

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