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Facebook says it will extend its QAnon ban
The news: Facebook announced on Tuesday that it will remove “any Facebook Pages, Groups and Instagram accounts representing QAnon, even if they contain no violent content.” QAnon, the pro-Trump conspiracy theory centering on the belief that the president of the United States is at war with a secret satanic pedophile ring run by liberals, has grown into an “omniconspiracy” in recent months. Accordingly, it has become a powerful distributor of conspiratorial thinking on a variety of topics—including misinformation about the pandemic and the presidential elections. The context: This goes further than the less intense ban announced in August. At the … Read More
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Greycroft has rounded up $678 million in capital across two new funds – TechCrunch
Greycroft, the New York and L.A.-based venture firm founded in 2006 by investors Alan Patricof, Dana Settle, and Ian Sigalow, has closed on two new funds totaling $678 million in capital commitments. One of those funds is its sixth flagship early-stage fund and it closed with $310 million dollars. The firm also collected $368 million in commitments for a third growth-stage fund that it will use to support breakout startups from its early-stage portfolio. The venture fund invests between $500,000 and $10 million in a first check, and Greycroft will invest up to $15 million in a portfolio company … Read More