Learn English: Billionaire Invests in Local San Francisco News (hard)

10 hours, 26 minutes ago

Billionaire Invests in Local San Francisco News

Michael Moritz, a successful Silicon Valley investor, recently co-founded The San Francisco Standard, a local news publication.

This venture, focused on providing vital local news coverage, recently acquired Charter, a start-up specializing in the future of work.

Moritz believes that reliable local news is just as essential as basic utilities like water and electricity for a thriving city.

The acquisition aims to broaden the Standard's scope and deliver comprehensive reporting crucial to the San Francisco community.

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Source

Original: NY Times (Business)

Tags

#Michael Moritz #San Francisco Standard #Local News #Venture Capital #Technology

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