The social media giant
Facebook Inc (NASDAQ:
FB) sees itself playing a big role in journalism.
Facebook announced Wednesday the creation of "The Facebook Journalism Project," a new program that will create stronger links between the social media platform and the news industry.
Facebook Director of Product Fidji Simo explained in a blog post that the company will be collaborating with news organizations to develop products and, perhaps more importantly, play a role in equipping people with the knowledge needed to be informed in the digital age.
How It Will Work
The new initiative will work in three ways:
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