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Facebook follows Google with funds to support journalism


  • Tech News
  • Wednesday, 16 Jan 2019

Ingram said the aid that is being given amounts to a bait and switch, as both Facebook's and Google's help merely convinces newsrooms and journalists to use both companies' products more. — AFP

Ingram said the aid that is being given amounts to a bait and switch, as both Facebook's and Google's help merely convinces newsrooms and journalists to use both companies' products more. — AFP

WASHINGTON: Facebook announced Jan 15 that it will invest US$300mil (RM1.23bil) over three years to support journalism, with an emphasis on promoting hard-hit local news organisations. 

The move, on the heels of a similar initiative by Google last year, comes with online platforms dominating the Internet advertising ecosystem, making it harder for legacy news organisations to make a transition to digital. 

   

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