Continue reading "Facebook Launches News and Journalism Accelerator Program in Canada"
As part of its efforts to better support journalism, Facebook has launched an incubator program to foster start-ups working to create innovative businesses related to news and media. The Digital News Innovation Challenge will support five teams of entrepreneurs as they work to develop ideas that can impact journalism. The Challenge is one of the steps Facebook is taking to better support journalism; the social media platform has been widely criticized for how it has turned the media upside-down, from sucking up digital ad spend to perpetuating fake news. Facebook is partnering with tech business incubator DMZ, which is based within Ryerson University in Toronto. “Quality journalism delivers facts and ideas that help us better understand society, and each other,” Kevin Chan, Head of Public Policy for Facebook Canada, said. “The Facebook community values sharing and discussing ideas and news, which is why it is critical for us to