Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram LinkedIn
    SnapMunk
    • Startups
    • Crowdfunding
    • Industry Insights
    • Startup Directory
    • Newsletters
    SnapMunk
    Home»Industry Insights»Facebook And Mozilla Fund The News Integrity Initiative To Take On Fake News
    Facebook And Mozilla Fund The News Integrity Initiative To Take On Fake News
    Industry Insights

    Facebook And Mozilla Fund The News Integrity Initiative To Take On Fake News

    SnapMunkBy SnapMunkApril 3, 20173 Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Email

    Saying the internet has a fake news problem is like saying a sewer has lighting issues. Fake news, also known as sensationalist or yellow journalism by some saw a massive resurgence with the ubiquity of social media. Facebook became a known bastion of the problem during the Trump election as numerous fake stories circulated through the social media platform. At that time Mark Zuckerberg was reported as saying “Personally I think the idea that fake news on Facebook, of which it’s a very small amount of the content, influenced the election in any way is a pretty crazy idea,” according to Variety.

    Well, it seems that the head of Facebook is thinking differently now as the company has joined forces with other major tech industry leaders to create a $14 million fund to advance news literacy. It’s a sensible move since the Pew Research Center revealed that 66% of Facebook users received news from the social media site last year in spite of Zuckerberg’s assertation that the company was “…a tech company, not a media company,” during his trip to Rome. The only site during the study to edge out that percentage was Reddit at 70%.

    Image courtesy pewresearch.org

    The list of founding funders on this project includes Mozilla, the City University of New York (CUNY), the Craig Newmark Philanthropic Fund, the Ford Foundation, the Democracy Fund, the John S. and James L. Knight Foundation, the Tow Foundation, AppNexus, and Betaworks. The overall project is known as the News Integrity Initiative.

    The Initiative will be run as an independent project by CUNY’s Graduate School of Journalism and housed therein. Their goal is to advance news literacy and improve the quality of news reports shared online. It is not known yet who will be the general manager of the Initiative though they will report to the dean of CUNY’s School of Journalism.

    The contribution from Facebook is likely a response to the threat of fines by the German Government. Back in December, the chairman of Germany’s Social Democrat Party, Thomas Oppermann suggested new rules that would see the company facing fines of up to € 500,000 ($533,845.82 USD) for each fake news story that the company failed to take down from the site. This suggestion was put forward as a precaution in anticipation of Germany’s upcoming Parliamentary Elections.

    Image courtesy of independent.co.uk

    Thus far the Initiative’s initial plan is to conduct research and develop projects to create better-informed communities while meeting with industry leaders on the subject. At this time they are still seeking additional funding and participants according to the CUNY Graduate School of Journalism during their announcement.

    It’s clear Facebook is attempting to make forward momentum in the wake of recent bad press. Let’s see if the company’s efforts carry forward throughout the year.

    If not, well, you’ll probably find out about it on Facebook.

    ——————————–

    Feature image courtesy of  FierceCable

    SnapMunk
    • Website

    Related Posts

    Why the Last, Shittiest Ever Black Mirror Episode Is Definitely Its Best Ever Episode

    June 13, 2019

    Apple September 2018 Event: iPhone XS, XS Max, and More

    September 13, 2018

    Apple September 2018 Event: What’s in Store

    September 11, 2018

    Self-Driving Technology Set to Tackle Deliveries and Last-Mile Logistics

    February 27, 2018
    TOP POSTS

    Beyond Bonjour: Mastering Languages for a World Without Borders

    March 26, 2024

    Speak Like a Boss: Mastering Languages for Startup Success

    March 26, 2024

    Save Money While Going Green With Arcadia Power

    July 25, 2019

    3 Compelling Reasons Why Your Tech Startup Needs A .TECH Domain

    June 21, 2019

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    SnapMunk is dedicated to providing readers with all things interesting, exciting and entertaining in the world of tech news, startup companies and startup culture.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram LinkedIn
    TOP INSIGHTS

    Beyond Bonjour: Mastering Languages for a World Without Borders

    March 26, 2024

    Speak Like a Boss: Mastering Languages for Startup Success

    March 26, 2024

    Save Money While Going Green With Arcadia Power

    July 25, 2019
    GET INFORMED

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) LinkedIn Instagram
    • Home
    • Startups
    • Crowdfunding
    • Industry Insights
    • Startup Directory
    © 2025 SnapMunk. Designed by SnapMunk.

    Type above and press Enter to search. Press Esc to cancel.