Wednesday, March 3, 2010

Omidyar Network Boosts NewsTrust

The Omidyar Network, the philanthropic investment firm created by eBay's Pierre Omidyar, said Tuesday that it will give $100,000 over six months to Mill Valley-based NewsTrust, a nonprofit operator of an online social news services and creator of related tools. According to Omidyar Network, the funding wil go towards building such software as a personal news filtering tool, a rating systems for local and international news, and a community fact-checking service.