James Murdoch makes investment in battle against fake news
James Murdoch, the son of News Corp. and Fox Corp. founder Rupert Murdoch, has made an investment in a group of startups that target fake news.
Lupa Systems, a holding company that James controls, is working with business accelerator Betaworks to back companies that work against misinformation.
According to a report in the Financial Times, James Murdoch has pledged about $1.2 million to Betaworks.
James was previously chairman of Sky before Comcast acquired the company in 2018.
James also reportedly received over $2.5 billion after his father’s media empire was split up.
He used some of those funds to start Lupa and has been a vocal critic of the rest of his family’s conservative views.