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Facebook invests $ 100 million in journalism during corona virus crisis

coronavirus-facebook-logo-9703

With advertising revenue declining, is helping the media.

Picture by PNG / CNET Illustration

For the latest and information on the pandemic, visit WHO website.

Facebook said on Monday it will invest $ 100 in as media rush to report Corona virus outbreak. It will provide a $ 25 million grant through its local news agency JournalismAnd this $ 75 million will be used for social network own marketing activities.

"If people need more evidence that local journalism is a vital public service, they can get it now," Facebook said in an interview. It's released.

This story will be updated soon.

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