Left-wing news outlet 'hurtles toward bankruptcy' after megadonor retreat

By Jason Cohen Daily Caller News Foundation The Intercept is losing money amid left-wing megadonor Pierre Omidyar’s choice to stop providing funds to the outlet, Semafor reported on Sunday. The Intercept is hemorrhaging around $300,000 monthly and is on pace to possess less than 1 million dollars in reserves by November, according to internal data…

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This article was originally published by the WND News Center.

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