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Facebook Pledges $300 Million to "Support Journalism"

posted by chromas on Friday January 18 2019, @06:02AM   Printer-friendly

takyon writes:

Facebook made a $300 million pledge to help journalists — just like Google did last year

Facebook says it is going to spend $300 million over the next three years to support journalism.

Does that sound familiar?

Here's why: Ten months ago, Google said it was going to spend $300 million over three years to support journalism.

Facebook says it's just a coincidence that it landed on the same dollar amount that its primary competitor landed on last year. But I'm not complaining. In part because I want Google and Facebook to spend money supporting journalism. And also because it means I don't have to rewrite this piece, from March 2018: "Google and Facebook can't help publishers because they're built to defeat publishers."

Previously: Google Pledges $300 Million for "Google News Initiative" to Fight Fake News

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  • (Score: 2) by MichaelDavidCrawford on Friday January 18 2019, @09:13AM (1 child)

    by MichaelDavidCrawford (2339) Subscriber Badge <mdcrawford@gmail.com> on Friday January 18 2019, @09:13AM (#788177) Homepage Journal

    He's one of the very-most intelligent people I have ever met in my entire life.

    But he is paranoid as all get-out.

    --
    Yes I Have No Bananas. [gofundme.com]
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  • (Score: 1) by Ethanol-fueled on Friday January 18 2019, @09:34AM

    by Ethanol-fueled (2792) on Friday January 18 2019, @09:34AM (#788181) Homepage

    Jews are not intelligent as much as they are good businessmen with a knack for shorter-term gains. I wouldn't call him "paranoid" but I would call him intelligent in the short-term in that he can "get-out."

    He can escape the political whirlwind and "get-out" with political moderation to avoid getting assfucked if the political tides change rapidly in the short-term.