NEW YORK — Donald Trump said Tuesday that he will use the federal government to boost investment in high-tech and research-oriented websites and online platforms that compete with mainstream media outlets.
Trump, a billionaire real estate developer who is also an investor in a number of online media companies, spoke at the World Economic Forum at the Waldorf Astoria in New York.
He said he has plans to hire more than 10,000 people to help with his efforts to improve the quality of journalism in the United States.
I want to fund the pink tide, he said.
I want to make sure that these websites and these investment platforms, they’re not being taken advantage of, Trump said.
As part of his plan, Trump has pledged to spend $200 million over the next four years to help boost investment platforms like BuzzFeed and Medium, among others, that offer news and information that is free from bias and sensationalism.
“The problem is that there is a lot of money in the news media, which is why you have these fake news sites that are really designed to make money,” Trump said during the forum.
We have a lot to do to make this country great again,” Trump added.
In the past, Trump’s support for online media has caused some controversy.
Earlier this year, Trump faced scrutiny for calling for a boycott of BuzzFeed after a video surfaced of him retweeting a racist meme that included the word “n—-r.”