Sports & Entertainment
Facebook to Make Big Investment in Local News Organizations
Facebook is set to make a big investment in local news organizations, the company said in a statement. The move follows a similar effort by Google last year, who also donated $300 million to help news publishers. The investment is reportedly meant to help mend Facebook’s tense relationship with publishers, who have blamed its algorithm…
Facebook is set to make a big investment in local news organizations, the company said in a statement. The move follows a similar effort by Google last year, who also donated $300 million to help news publishers. The investment is reportedly meant to help mend Facebook’s tense relationship with publishers, who have blamed its algorithm for affecting ad revenue and web traffic.
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