Content-type: text/html Downes.ca ~ Stephen's Web ~ Meta's layoffs make it official: Facebook is ready to part ways with the news | Nieman Journalism Lab

Stephen Downes

Knowledge, Learning, Community

Another object lesson in the dangers of depending on private companies to perform civic functions (like news and education): "The layoffs are another step in Meta's journey to get the heck away from news. Meta, which promised $300 million in support of local journalism back in 2019 when it was still Facebook, has shifted resources away from its News tab, shuttered the Bulletin newsletter program, ended support for Instant Articles, eliminated human-curation in favor of algorithms, and stopped paying U.S. publishers to use their news content." Of the money promised, only $25 million ever actually made its way to newsrooms; another $75 million was spent on marketing.

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Stephen Downes Stephen Downes, Casselman, Canada
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Last Updated: Nov 12, 2024 5:23 p.m.

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