Tech Billionaire Turns to News Industry Investment
TL;DR Summary
Billionaire venture capitalist Michael Moritz, known for investments in Google and PayPal, has co-founded The San Francisco Standard and is acquiring Charter to expand its focus on local news and the future of work, emphasizing the importance of city news amid declining local outlets.
He Made Billions on Google and PayPal. Now, He’s Betting on News. The New York Times
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