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Facebook has pledged to invest $100 million in the news industry at a time when the ongoing coronavirus pandemic means that accurate reporting is more important than ever.
Axar.az reports citing foreign media that according to a blog post from the American firm, $25 million will be provided in grant funding for local news through the Facebook Journalism Project, while the remaining $75 million will come in to support several worldwide news organizations.
The tech company states that high-quality and accurate reporting is more important than ever, as misinformation about the virus spreads online.
And as it spreads, it creates more panic.
2020.04.01 / 17:27