Science/High-Tech
Social network giant, Facebook to pump $1bn in news content after Australia row
After banning news sharing in Australia for some days, Facebook has invested heavily in news content. The tech firm has decided to rival competitor Google in investing in news content.
Facebook invests over a billion dollars in news content
Facebook's incorporation said on Wednesday that it intends to invest at least $1. 1 billion in the media sector over the next four years. This comes following a huge standoff with the Australian authority's overpayment of news content. Facebook's commitment to media is linked to Google’s $1 billion investment in 2020. Recently tech giants like Twitter, Facebook, and Google have been under fire for the manner they run their business. Also, they have been accused of having too much power and spreading lots of half-truths.
The firm after a closed-door...