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Facebook Pledges $1 Billion For News, Defends Australia Blackout
Facebook Pledges $1 Billion For News, Defends Australia Blackout
Nick Clegg, head of global affairs, said in a statement that Facebook is willing to support news media while reiterating its concerns over mandated payments.
Facebook Pledges $1 Billion In News Investments Over 3 Years.
San Francisco:
Facebook on Wednesday pledged to invest at least $1 billion to support journalism over the next three years as the social media giant defended its handling of a dispute with Australia over payments to media organizations.
Nick Clegg, head of global affairs, said in a statement that the company stands ready to support news media while reiterating its concerns over mandated payments. ....

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