Trending Politics Conservative News and Commentary By Cullen McCue
Media Matters, the far-left, self-styled media watchdog group aimed at monitoring “conservative misinformation,” is reportedly on the verge of bankruptcy due to a number of lawsuits filed by the federal government, tech billionaire Elon Musk and others.
The organization, which has long been funded by some of the Democratic Party’s biggest donors, has racked up more than $15 million in legal fees over the last several months in order to defend itself against several lawsuits, according to a report from the New York Times. Among the entities pursuing legal action against Media Matters include the Federal Trade Commission, a number of state attorneys general and Elon Musk.
As a result, the group has been forced to reduce the size of its staff, documents and 11 people familiar with the matter informed The Times. Executives have also been scrambling to raise cash from increasingly skeptical donors.
Elon Musk’s X corp filed a lawsuit against Media Matters in the U.S. District Court for the Northern District of Texas back in November of 2023. The suit claims that the left-wing group defamed X by publishing a report alleging that advertisements from major brands, such as Apple, IBM, and Oracle, appeared next to pro-Nazi and antisemitic content on the platform.
X alleges that Media Matters “knowingly and maliciously” manipulated its algorithm by using test accounts that followed specific users and repeatedly refreshed feeds to generate images of ads next to extremist content, misrepresenting the typical user experience.
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