Facebook commits US$100 million to support news media hurt by virus crisis

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Facebook commits US$100 million to support news media hurt by virus crisis

First grants go to 50 US, Canadian publications.

Facebook on Monday pledged US$100 million in financing and advertising spending to support news organisations, including local publishers in the US, reeling from pressure due to the coronavirus pandemic. News publishers, especially print media, have taken the brunt as many advertisers pulled ...

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coronavirus covid19 facebook finance

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