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Facebook is committing $300 million to support news, with an emphasis on local

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Facebook has announced to invest over $300 million over the next three years to support local news organisations.

In a blog post, Campbell Brown, Vice President, Global News Partnerships, said that Facebook wants to support local journalists and newsrooms with their news gathering needs in the immediate future and help these organisations build sustainable business models, through both its product and partnership work.
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“We heard one consistent answer: people want more local news, and local newsrooms are looking for more support. That’s why today we’re announcing an expanded effort around local news in the years ahead,” Brown said late on Tuesday.

In 2018, Google also committed $300 million for over three years to strengthen quality journalism, support sustainable business models and empower newsrooms through technological innovation.

It was also committing to spend $300 million over the next three years on its various journalism-related projects.
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According to Facebook, it would invest $300 million in news programmes, partnerships and content.

Among the components is a Pulitzer Centre — a $5 million endowment gift to launch “Bringing Stories Home”, a gift that will provide local newsrooms across the US with reporting grants to foster coverage on topics that affect local communities.

“Report for America” is a $2 million investment in the initiative to place 1,000 journalists in local newsrooms across America over the next five years.

“This year, we’ll commit over $20 million to continue our local ‘Accelerator’ programme in the US and to expand the model globally, including in Europe,” said Brown.

Business

Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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