Facebook gives £4.5m to fund 80 local newspaper jobs in UK
by Jim Waterson Media editor from Technology | The Guardian on (#4389F)
Social media firm to finance trainee 'community' journalists scheme
Facebook will donate 4.5m to fund 80 local newspaper jobs for the next two years, as the company faces further questions over its relationship with the media and long-term impact on the news business.
The social networking company will make the money available to subsidise the cost of trainee journalists based in newsrooms across Britain with the objective of providing "reporting from towns which have lost their local newspaper and beat reporters".
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