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Google & Facebook together pledged $600 million to help local news. Where did the money go?

'A drop in the bucket': Are tech giants doing enough for local news?

Throughout the digital age, many local news organizations have been struggling to adapt. Large corporations like Google and Facebook have pledged to financially support these outlets, but many view these efforts as perfunctory, insufficient, and self-serving.

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

Google, Facebook pledged millions for local news. Was it enough? - Netscape Money & Business

Google, Facebook pledged millions for local news. Was it enough? - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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Google, Facebook Pledged Millions for Local News

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally - many of them local or regio

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