Andreessen Horowitz partner Erik Torenberg and other investors are backing a news venture called MTS, which stands for "Monitoring the Situation" and aims to cover a range of topics including technology, finance, geopolitics, and culture within a video streaming module on X. MTS has been hosted by Torenburg and Theo Jaffee, with some guest segments featuring libertarian, pro-tech personalities. The company's focus is on understanding the world's complex and erratic behavior, with Torengan suggesting that MTS could be a constant stream of updates.