Glenn Greenwald, who broke the Edward Snowden and NSA surveillance stories, is leaving the Guardian for a new media venture funded by Iranian-American eBay founder Pierre Omidyar. Greenwald, who is based in Brazil, said he regretted leaving the Guardian but couldn't turn down a "once-in-a-career dream journalistic opportunity" to create a new organization with "no pre-existing institutional strictures on what you can do." Omidyar is a 46-year-old, politically-minded philanthropist and entrepreneur said to be concerned about U.S.A. surveillance, is worth an estimated $8.5 billion. Buzzfeed first reported the move, Reuters updated with details.
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Update: Top-notice investigative journalists Jeremy Scahill and Laura Poitras will reportedly join Greenwald in the new venture.
Also: An unfortunate typo had Omidyar worth millions, not billions. Sorry - maybe we unconsciously had trouble wrapping our wee minds around the notion of one person having that much money...?