FOXA -1.45% Add to/Remove from a Portfolio FOX -1.55% Add to/Remove from a PortfolioFormer Fox News host Tucker Carlson and former White House adviser Neil Patel are in talks to raise hundreds of millions of dollars to fund a new media company, the Wall Street Journal reported. Since leaving Fox News, Tucker Carlson is actively posting videos on Twitter and is now looking to develop the new media company’s strategy around Elon Musk’s social media network. Carlson and Patel founded the conservative Daily Caller news site in 2010. Carlson’s team met with a Twitter team in recent weeks to discuss the new project, the report also added. The pair also plans to develop a new website and app for the new media outlet.

Source: Wall Street Journal July 14, 2023 18:52 UTC