In this file photo the Facebook logo is displayed on a mobile phone screen photographed on coronavirus COVID-19 illustration graphic background on March 25, 2020 in Arlington, Virginia. – Facebook said March 30, 2020 it was donating $100 million to support news organizations globally hurting from the coronavirus pandemic, citing the need for reliable information about the crisis.
“The news industry is working under extraordinary conditions to keep people informed during the COVID-19 pandemic,” said Facebook’s news partnerships director, Campbell Brown. The new funding includes $25 million in emergency grants for local news through the Facebook Journalism Project and $75 million for additional marketing efforts “to move money over to news organizations around the world,” according to a statement.The move comes amid growing concerns of cutbacks and closures of news organizations hit by lockdowns and a massive slump in advertising resulting from the health crisis.
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