Facebook will invest $300 million to help local news survive
https://www.cnbc.com/2019/01/15/reuters-america-facebook-to-invest-300-million-to-help-local-news-survive.html
Facebook will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.
The investment in time and money is a significant expansion of a plan to help newsrooms in the U.S. and abroad create and sustain viable business models to survive, the company said on Tuesday.
Facebook will invest $300 million to help local news survive
Jan 15, 2019, 2:27pm UTC
https://www.cnbc.com/2019/01/15/reuters-america-facebook-to-invest-300-million-to-help-local-news-survive.html
> Facebook will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide.
> The investment in time and money is a significant expansion of a plan to help newsrooms in the U.S. and abroad create and sustain viable business models to survive, the company said on Tuesday.