Facebook will help the Corona virus affected media institutions, will give $ 100 million

Zuckerberg criticizes Twitter

Facebook said that during the Kovid-19 epidemic, the news industry is working in extraordinary circumstances to inform people.

Washington. Facebook said on Monday that it will provide $ 100 million to media institutions globally affected by the coronavirus pandemic. He said that it is needed to give reliable information in times of trouble. Campbell Brown, Facebook’s director of news partnerships, said the news industry is working in extraordinary circumstances to provide information to people during the Kovid-19 epidemic.

He said, ‘At a time when journalism needs more than ever, due to the impact on the economy due to the virus, the income from advertising is declining. Local journalists are most affected by this.

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According to the new funding, about $ 25 million of emergency aid will be provided to local news through the Facebook journalism campaign and the remaining $ 7.5 million will be given to news institutions around the world through additional marketing efforts. Earlier Facebook founder Marg Zuckerberg (mark zuckerberg) and his wife Priscilla Chan, an organization for philanthropy, the Chan Zuckerberg Initiative, joined hands with the Bill and Milinda Gates Foundation to find a cure for the corona virus outbreak and contributed $ 25 million. has announced.

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