EBay Founder Pierre Omidyar’s $250M News Venture With Glenn Greenwald Receives First Tranche Of Funding And Is …

Pierre Omidyar, the founder of eBay Inc (NASDAQ: EBAY), on Thursday, dropped $50 million, the first tranche of a $250 million investment, into his ambitious new journalism venture launched with Glenn Greenwald — the former Guardian journalist who broke several stories on surveillance programs carried out primarily by the U.S. government.

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