Facebook to invest US$1 billion in news industry after Australia row

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

REUTERS: Facebook Inc on Wednesday pledged to invest at least US$1 billion in the news industry over the next three years, days after a ...

REUTERS: Facebook Inc on Wednesday pledged to invest at least US$1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content.

The brief blackout shocked the global news industry, which has already seen its business model upended by the tech giants.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines