Facebook pledges $1b for news industry

Updated February 25 2021 - 10:29am, first published 10:23am
Facebook has matched Google's pledge to pay $US1 billion to news publishers over three years.
Facebook has matched Google's pledge to pay $US1 billion to news publishers over three years.

Facebook, following in Google's footsteps, says it plans to invest $US1 billion to "support the news industry" over the next three years.

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