James Murdoch makes investment in battle against fake news

By The MixDex Team

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.