Facebook pledges $1 bn for news, defends Australia blackout

Energy Daily

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San Francisco (AFP) Feb 24, 2021

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. "Face

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