Facebook, Instagram To Offer Over $1B To Eligible Creators Through 2022

Facebook Inc FB CEO Mark Zuckerberg promised to pay over $1 billion to creators on Facebook and Instagram through 2022.
The new $1 billion investment will include new bonus programs for eligible creators on hitting certain milestones, Variety reports.
It will also provide seed funding for creators to produce their content.
Bonuses are available by invitation now to some creators on both Facebook and Instagram.
Price action: FB shares traded lower by 1.13% at $348.11 on the last check Wednesday.

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