LONDON, SOFIA and STOCKHOLM — Social media networks have sucked the money out of journalism, and it's killing our democracies. To hold power to account, reporting needs to pay its own way, but all the money has gone to social platforms.

Kronkite, named in honour of the American TV anchor Walter Cronkite, is a social platform for quality journalism and culture.

We're redesigning social publishing from the ground up, crafting algorithms that promote reflection, longer-form content and intelligent debate.

We're building it in Europe, for the world.