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Will Facebook’s $100M Investment to News Help Address COVID-19 Crisis?

Posted on 31 March 2020

Facebook is committing 100 million dollars toward local journalism hit hard in the midst of the coronavirus pandemic. Facebook has reportedly already invested $300 million in local news companies, but following recent events, Facebook will commit $100 million more. Facebook VP of Global News Partnerships Campbell Brown announced via a company blog on March 30 that Facebook will be making this massive follow-up commitment. Brown wrote that Facebook will donate “$25 million in emergency grant funding for local news through the Facebook Journalism Project, and $75 million in...