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New lab will help 21 news organizations from Latin America boost their digital advertising revenue

New lab will help 21 news organizations from Latin America boost their digital advertising revenue
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Google and Facebook pledged millions for news, but was it enough?

Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally - many of them local or regional enterprises foundering in a digital age.

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Google and Facebook pledged millions for local news. Was it enough?

Critics say the funding does not nearly compensate for the tens of billions of dollars publishers lost as the tech companies gobbled up the digital advertising market.

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