George Soros Joins Forces with Propaganda Expert Behind Online Disinformation Efforts
Reid Hoffman was caught election meddling with anti-Republican disinformation campaign
Far-left billionaire George Soros is joining forces with liberal propaganda expert Reid Hoffman on a new joint venture to "combat disinformation," according to reports.
Hoffman, the billionaire founder of LinkedIn, has previously been caught funding numerous anti-Republican disinformation projects.
However, Soros and Hoffman are now teaming up to fund a new media venture launched Tuesday that seeks to suppress "disinformation" and promote "fact-based information."
The controversial financiers joined ranks to fund Good Information Inc., which claims it will “fund and scale businesses that cut through eco chambers with fact-based information,” Axios reported.
The move comes after Hoffman was forced to apologize in December 2018 when he was caught bankrolling what he called a “highly disturbing” propaganda effort that spread disinformation to swing elections.
The campaign helped sway the Alabama special election the year prior that resulted in Republican Roy Moore being narrowly defeated by Democrat Doug Jones narrowly for a seat in the Senate.
The disinformation project, spearheaded by the tech firm New Knowledge, created fake online personas to spread propaganda across social media.
The effort was aimed at generating national news coverage based on the fabricated illusion they created with bots that falsely suggested Russia favored Republicans over Democrats, according to the Daily Caller.
Hoffman’s new anti-disinformation media venture will be led by Democratic strategist Tara McGowan, who previously ran the Hoffman-backed progressive nonprofit group ACRONYM.
McGowan told Axios that Good Information Inc. will invest in a variety of news entities across the political spectrum as long as they exhibit "fact-based" editorial standards.
“The information crisis we’re in is so much bigger than politics,” McGowan said.
Hoffman also backed American Engagement Technology, a group that published misleading Facebook ads designed to depress Republican voter turnout in the 2018 midterm elections, the Daily Caller previously reported.
In addition, Hoffman contributed $620,000 to the legal fund for Fusion GPS, the opposition research firm behind the largely debunked Steele dossier, which the FBI used to advance its investigation into President Donald Trump’s alleged ties to the Russian government.
ACRONYM, under McGowan’s leadership, funded the development of an application that was responsible for causing massive delays in reporting the results of the 2020 Iowa Democratic caucuses.
McGowan’s group also stated in its 2019 tax returns that it was the full owner of Courier Newsroom, a network of liberal local news outlets that, according to the media credibility watchdog group NewsGuard, failed “to meet several basic standards of credibility and transparency.”
Good Information Inc. will acquire Courier Newsroom from ACRONYM, Axios reported.
McGowan told Axios that she’s disclosing the identities of Good Information Inc.’s investors because “transparency is really important.”
ACRONYM, under McGowan’s leadership, received a Federal Election Commission complaint in 2020 that alleged the group wasn’t transparent about Courier Newsroom’s sources of funding.
The complaint alleged that Courier Newsroom was effectively an arm of the Democratic Party and as such should be stripped of its tax-exempt status.
While the FEC eventually dropped the complaint, McGowan acknowledged to Axios that she could have been more transparent about her group.
“If I could do things differently, I would have been more transparent,” McGowan said.