Facebook Investing In Local News

 

Facebook is planning to invest hundreds of millions of dollars in local news around the world.  The social media giant announced yesterday it's investing $300,000,000 in newsrooms in the United States and internationally to help businesses create and implement business models in order to survive.  The investments will help with local reporting, recruit journalists to place them in local newsrooms, research ideas of how to use technology to improve news gathering and fund a program that is similar to the Peace Corps.

Photo: AOL

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