This video from the USA says about itself:
2 November 2017
“Hedge-fund billionaire Bob Mercer, a major Republican donor who supported Donald Trump, announced Thursday that he would be selling his stake in Breitbart News to his daughters; pulling his funding from Milo Inc., the controversial entertainment venture run by Milo Yiannopoulos; and relinquishing his co-C.E.O. title at Renaissance Technologies, where he oversaw more than $50 billion in assets, to take a non-management role.”
Read more here.
From daily The Independent in Britain:
by Clark Mindock, New York
Tuesday 9 January 2018 21:29 GMT
Steve Bannon is stepping down from his role as executive chairman at Breitbart News, the website has confirmed. …
The departure marks an incredible fall from grace for Mr Bannon, who resigned from his post as chief White House strategist just months ago after rumours of in-fighting within the West Wing. Mr Bannon said then that his leaving was pre-planned, and that he could better support President Donald Trump at the helm of Breitbart. The news of his stepping down signifies the end of his latest tenure in control of the platform. …
Mr Bannon appeared to enjoy the support of Mr Trump up until last week, when excerpts from a new book detailing the inner workings of the first year of the Trump White House began to be reported. After those reports began to surface, Mr Bannon quickly lost his support from the President, and — perhaps even more damaging — from the billionaire Mercer family, which had bankrolled Mr Bannon’s efforts at Breitbart.