FACEBOOK will invest 1 billion US dollars in the news industry!

Technology: On February 24, 2021, according to the release of Reuters (Reuters) said that the social networking giant Facebook Inc. On Wednesday pledged to invest at least $ 1 billion in the news industry over a period of time. The announcement comes three years after a leak that said Facebook was in agreement with the Australian government on Payment for the content of information distribution.

The commitment to improve Facebook on such an information industry follows in the footsteps of Google's business model. A giant that spent about $ 1 billion last year on website development To monitor their business model and control the spread of false information on its platform. Google, too. On Tuesday, Facebook revived its Australian news website, ending something unprecedented. Previously, it took a week after the Australian government insisted on a concession on the proposed law. Ask that which will require the tech giant to pay for the content of their traditional media.

The short-term disconnection of social media has taken the global media industry by surprise. Back to the business model modeled after the tech giant. The blog details the appearance of Facebook on a new business model that will relate to the ban on information that There is a vague foundation between the company and the news publishers. The Facebook giant said on Wednesday that it had already invested $ 600 million in the sector. The information industry has been around since 2018. The social networking site Facebook has added that it is actively negotiating with news publishers in the United States. Germany and France for content spending agreement on information products that allow users to search for titles and stories With their personal information (news feed).