Learn English: Tech Billionaire Boosts Local Journalism (normal)

9 hours, 39 minutes ago

Tech Billionaire Boosts Local Journalism

Michael Moritz, a venture capitalist who invested in Google and PayPal, is now investing in local San Francisco news.

He co-founded The San Francisco Standard, which recently purchased Charter, a publication focused on the future of work and technology.

Moritz emphasizes the critical role of local news, viewing it as essential as fundamental services like electricity and water.

This acquisition expands The Standard's coverage, allowing them to explore significant issues like AI's impact on jobs in the tech industry.

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Source

Original: NY Times (Business)

Tags

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

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