autotldr Bot , 9 months ago

This is the best summary I could come up with:

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The cohort of Silicon Valley tech titans who have been hoovering up Bay Area farmland in the hopes of converting it into a new city have been accused of deploying “strong-arm tactics” and a “divide-and-conquer” strategy to gobble up as much acreage as possible.

A number of local farmers say Flannery Associates, the parent company behind the quixotic California Forever project, has used underhanded tactics in its pursuit of a regional real estate hegemony.

In August, the New York Times reported that Flannery, which was then a totally mysterious company, had managed to buy up $800 million of farmland in the Solano County region.

The Times also revealed that Flannery was backed by a coterie of influential Silicon Valley billionaires, including folks like Marc Andreessen, Reid Hoffman, and a variety of other big names in the tech industry.

In the recent court filing, the farmers dismissed the lawsuit’s claims, alleging that Flannery had repeatedly engaged in “strong-arm tactics” in an effort to pry loose the land.

The whole thing seems like a giant expensive mess that is doomed to fail but I guess you should never count out the disruptive potential of a tech mogul’s unquenchable hubris.

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The original article contains 685 words, the summary contains 197 words. Saved 71%. I’m a bot and I’m open source!