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Title    Facebook Pledges $300 Million to "Support Journalism"
Date    Friday January 18 2019, @06:02AM
Author    chromas
Topic   
from the dept.
https://soylentnews.org/article.pl?sid=19/01/17/2222224

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


Original Submission

Links

  1. "takyon" - https://soylentnews.org/~takyon/
  2. "Facebook made a $300 million pledge to help journalists — just like Google did last year" - https://www.recode.net/2019/1/15/18182973/facebook-journalism-300-million-google-advertising-subscriptions
  3. "Google said it was going to spend $300 million over three years to support journalism" - https://www.techmeme.com/180320/p10#a180320p10
  4. "Google and Facebook can't help publishers because they're built to defeat publishers" - https://www.recode.net/2018/3/20/17144128/google-facebook-news-subsidy-competition
  5. "Google Pledges $300 Million for "Google News Initiative" to Fight Fake News" - https://soylentnews.org/article.pl?sid=18/03/21/1418219
  6. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=31212

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