March 30 - 14:03
100D
Facebook announces $100 million funding for publishers
Facebook is to donate an additional $100 million to support journalists — including $25 million in emergency grant funding for local news through the Facebook Journalism Project. It has pledged $75 million in marketing to get money to publishers around the world at a time when advertising revenues are down. The first round of funding will go to organisations in the U.S. and Canada.
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