Facebook’s move comes at a difficult time for the news industry, which is facing falling profits and print readership. Image: Reuters

Facebook says it will invest US$300 million in local news journalism, including grants for newsrooms

  • Social media giant said some of the money will be spent on ‘local’ content that has been hard hit in the digital age
Topic |   Facebook

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Facebook’s move comes at a difficult time for the news industry, which is facing falling profits and print readership. Image: Reuters
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