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https://nypost.com/2020/03/30/facebook-pledges-100m-to-help-journalists-cover-coronavirus-pandemicPublished by: NY POST on 30 Mar 2020
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See more of our coverage in your search results. Facebook CEO Mark Zuckerberg announced on Monday a $100 million commitment to support local news outlets, committing $25 million for emergency grant funding through the Facebook Journalism Project and $75 million in marketing to support journalistsamid the coronavirus pandemic.
“As part of our efforts to support the news ecosystem and make sure everyone has access to accurate and timely information, we’re investing $100 million in new funds to support journalists, especially focused on local news,” Zuckerberg wrote in a Facebook post.
“Right now journalists are working under very difficult conditions to keep their communities informed and many news organizations are struggling due to the economic impact of the outbreak,” Zuckerberg added. “Local news is especially hard hit, so we’re committing $25 million for emergency grant funding through the Facebook Journalism Project and another $75 million in marketing spend to [...]
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What is Coronavirus?Coronaviruses are a group of viruses that cause diseases in mammals and birds. In humans, coronaviruses cause respiratory tract infections that are typically mild, such as the common cold, though rarer forms such as SARS, MERS, and COVID-19 can be lethal. Symptoms vary in other species: in chickens, they cause an upper respiratory tract disease, while in cows and pigs they cause diarrhea. There are yet to be vaccines or antiviral drugs to prevent or treat human coronavirus infections.
Who are Facebook?Facebook, Inc. is an American online social media and social networking service company based in Menlo Park, California. It was founded by Mark Zuckerberg, along with fellow Harvard College students. It is considered one of the Big Four technology companies along with Amazon, Apple, and Google. Facebook held its initial public offering (IPO) in February 2012, valuing the company at $104 billion, the largest valuation to date for a newly listed public company. Facebook claimed it had more than 2.3 billion monthly active users as of December 2018. However, it faces a big problem of fake accounts. It caught 3 billion fake accounts, but the ones it misses are the real problem. Facebook is one of the world's most valuable companies.
Who are NY Post?NYPost.com is the official digital platform for the New York Post, a daily conservative tabloid newspaper based in New York City. Founded in 1801 by Alexander Hamilton, it stands as America's oldest continuously published daily newspaper.
