The headline says "Local News, Diverse Content" so when that condensed list is expanded to the full list, in which the first item of each list clearly aligns and the remaining item(s) of each list clearly align, then no, local news is not the first diversity item in the list. French language is.
>Indigenous content, and content created by and for equity-deserving communities
You are right but what about the second and third items: what does “equity-deserving” mean to you? In many cases in business and academia it means “not white”.