How Facebook Is Taking Over Journalism With $1.6 Billion Secret Deals | GreatGameIndia

22-07-21 04:59:00,

There aren’t many companies that can say they’ve poured hundreds of millions into journalism in the last few years. Facebook has — $600 million over since 2018 — and it is promising another $1 billion in the next three years.

By ANTOINETTE SIU

Yet when surveying those around the journalism and media world, the jury is still out on whether and how much Facebook’s funding is helping its stakeholders — or merely buying good PR.

A Wrap inquiry into the details of the $600 million found that many of those dollars are hard to track, except in the most general terms. When broken down into the main categories mostly based in the U.S., TheWrap could only specifically verify the expenditure of roughly $122 million — barely one-quarter of the pledged sum — begging the question: Where is the money going?

How Facebook Is Taking Over Journalism With $1.6 Billion Secret Deals

In addition to donating heavily to nonprofits and paying small grants to local newspapers (see graphic), Facebook pays rich licensing fees to a handful of premium publishers, like The New York Times, The Washington Post, News Corp, Bloomberg and BuzzFeed. Those deal terms are not publicly disclosed, but TheWrap has obtained documents of one agreement with a leading U.S. publisher for $5 million over five years.

An executive who was involved with making the deal said the agreement felt more like a PR move and less a business deal. “It always seemed about pacifying publishers, and less about granular tactics about how we help engage our audience. It was more about trying to quiet the storm around very serious audience losses at newspapers,” the individual said.

And in a recent interview, former New York Times CEO Mark Thompson said the paper is getting “far, far more” than $3 million a year from Facebook, in response to a reporter’s misimpression. (The Wall Street Journal reported that the agreements were worth as much as $3 million a year.)

Facebook also recently signed deals with hundreds of publishers across the United Kingdom, Australia, Germany and Canada. Again, a Facebook spokesperson said the company does not disclose the terms of those deals.

How Facebook Is Taking Over Journalism With $1.6 Billion Secret Deals

When asked approximately how many of these content deals exist,

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Facebook Partners With CCP-controlled Hong Kong Government to Promote COVID-19 Vaccines – Vision Times

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Facebook Is Hub of Sex Recruitment in U.S., Report Says + More • Children’s Health Defense

11-06-21 07:49:00,

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Facebook Is Hub of Sex Recruitment in U.S., Report Says

CBS News reported:

The majority of online recruitment in active sex trafficking cases in the U.S. last year took place on Facebook, according to the Human Trafficking Institute’s 2020 Federal Human Trafficking Report.

“The internet has become the dominant tool that traffickers use to recruit victims, and they often recruit them on a number of very common social networking websites,” Human Trafficking Institute CEO Victor Boutros said on CBSN Wednesday. “Facebook overwhelmingly is used by traffickers to recruit victims in active sex trafficking cases.”

Active cases include those in which defendants were charged in 2020, as well as those in which defendants were charged in previous years and charges were still pending in trial last year or the case was on appeal.

Facebook Faces Antitrust Investigations in Europe

Common Dreams reported:

European regulators late last week announced two separate antitrust investigations into Facebook regarding its use of advertising data.

The probes, one from the European Commission and the other from the U.K.’s Competition and Markets Authority (CMA), come amid sustained scrutiny over the breadth and impact of the social media giant’s data collection practices.

European Commission regulators will focus on Facebook’s “advertising data gathered in particular from advertisers in order to compete with them in markets where Facebook is active such as classified ads.”

Further assessment will be given to “whether Facebook ties its online classified ads service ‘Facebook Marketplace’ to its social network, in breach of EU competition rules,” the commissions said.

‘Condition of Employment’: Hospitals in DC, Across the Nation Follow Houston Methodist in Requiring Vaccination for Workers

MSN reported:

Most hospitals in Washington, D.C., will require employees to receive the COVID-19 vaccination, joining a growing number of health care systems and other businesses nationwide in opting for the controversial mandate.

The hospitals will each set a date after which vaccination will be a condition of employment,

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Facebook CEO Offered Dr. Fauci ‘Very Exciting’ Proposal, Vaccine ‘Resources’ – Global Research

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Facebook Insider Blows Whistle on Vaccine Censorship

01-06-21 10:50:00,

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  • Two Facebook insiders — a data center technician and a data center facility engineer — have come forward with internal documents showing how the social media platform is suppressing science and medical facts in the name of combating “vaccine hesitancy”

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