Peter Thiel reportedly looking into launching a Fox News competitor


Venture capitalist Peter Thiel is reportedly planning to launch a cable news network that would act as a competitor to Fox News, according to a report from BuzzFeed News. The idea has been in the works for months, the report says, with Thiel working closely on the project with disgraced Fox News chief Roger Ailes, who resigned from the company over repeated and longstanding allegations of sexual harassment.

BuzzFeed now reports that Thiel is going forward with the project even after Ailes’ death back in May. News of Thiel’s plans reportedly first surfaced as part of journalist Michael Wolff’s new book Fire and Fury: Inside Trump’s White House, copies of which were obtained by BuzzFeed and other news organizations. Parts of the book were...

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via The Verge - Tech Posts "http://ift.tt/2AjeGjN"

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