“A group of high-profile Silicon Valley entrepreneurs and investors emerged Friday as backers of a group that plans to build a new city in Northern California, after its purchases of land around an Air Force base had raised national-security concerns among U.S. officials,” the Wall Street Journal reports.
New York Times: “A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land. The people behind the deals are said to be a who’s who of the tech industry.”
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