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Facebook to Invest $300m in Supporting Local News

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Re: Facebook to Invest $300m in Supporting Local News

#71
post #4

Ah yes the bastion of journalistic quality that is local news...wait...what? FB gets a lot of flak for fake news and then decides to invest in local news? Why not in institutions that set the standard for journalism and bring accountability such as Pro Publica?

The whole thing reeks of damage control to make it look like they're doing something. $60m/yr for 5 years is a measly fraction of their $40b in revenue. It also fails to understand why local journalism has completely collapsed in the past decade. A big portion of that is people moving to cities. Politico did a great article on this which showed why the media does have a decidedly liberal slant. Regardless this is a s…

1.5% of revenue (3% of profit) for one area of the product is non-trivial.

Re: Facebook to Invest $300m in Supporting Local News

#72
It's a good idea, but facebook can't be trusted.

https://www.theguardian.com/technology/2018/dec/13/they-dont...

>Journalists paid to help fix Facebook’s fake news problem say they have lost trust in the platform

>“They’ve essentially used us for crisis PR,” said Brooke Binkowski, former managing editor of Snopes, a factchecking site that has partnered with Facebook for two years. “They’re not taking anything seriously. They are more interested in making themselves look good and passing the buck … They clearly don’t care.”

Re: Facebook to Invest $300m in Supporting Local News

#73
post #63

Earlier quoted context omitted.

Name me a war the US entered that isn't World War II that wasn't coincident with a misinformation campaign published on dead tree legacy media. The truth is that mass media IS edutainment at best and completely misleading fiction most of the time. You get to pick two: fast, cheap, and good/true. If it is fast and cheap it is fake. If it is cheap and true it will take time to attain. If it is true and fast, it won't b…

Why exclude WWII? US entered WWII via a false explanation of what caused the Pearl Harbor attack, and support for the war was kept aflout by propaganda.

Actual bombs were dropped on Pearl Harbor regardless of the historical questions about whether or not there was foreknowledge of the attack.

Re: Facebook to Invest $300m in Supporting Local News

#74

> Last year, we worked to better understand what kind of news people want to see on Facebook. This opening line is just all wrong. News isn't about 'what you want to see', writing news to garner clicks is basically another way of saying 'our news reporting is fundamentally biased'. Real journalism isn't entertainment. But, I get it, real journalism doesn't sell, people don't have time to understand world problems, do…

"what kind of news people want to see" discussions takes place in news rooms, editing rooms, and journalism schools around the world. There isn't some all-encompassing "journalism" cabal who are only dedicated to reporting all the news that ever happens without bias. This only exists in the minds of people who've never seen news and reporting get made. These decisions are made every day by the editors-in-chief and pu…

This happens consistently even well-respected independent news orgs.

The editors at the NYT are famous for being more 'active' than at smaller newspapers - instead of assigning beats and checking submissions they request specific pieces and plan narratives that encompass multiple pieces. It doesn't mean their output is dishonest or even necessarily misleading, but it certainly affects what stories get covered and how.

For that matter, one of the things I value about ProPublica is that their narrative-building is unusually open - they organize by topic instead of newspaper-style sections and publish meta pieces on how they choose and research their stories. When the topic is something like 'algorithmic bias', it's far more forthright to say "we went looking fo examples and here are some we found" than to run pieces in isolation and imply whatever company is under discussion is uniquely villainous.

There are things to object to about Facebook's move here, but I'm deeply frustrated by this idea that objective journalism is some relic of the pre-internet days. News of all sorts gets made for people, by people. Without recognizing that, we just get these bland calls for 'real journalism' that don't help us look at specifics like the dangers of conglomerates or the negative incentives of monetizing on views or clickouts.

Re: Facebook to Invest $300m in Supporting Local News

#75

Nooooooooooooooooooooooooooooooooooooooooooooooooooooooo

Not sure if I got that, did you mean "Do not want." perhaps?

Facebook has already proven to be liars. They are also biased with everything they do. Facebook has clouded the minds of everyone! Get the f off facebook and go live your life! Facebook needs to die in a fire.

Re: Facebook to Invest $300m in Supporting Local News

#76

> Last year, we worked to better understand what kind of news people want to see on Facebook. This opening line is just all wrong. News isn't about 'what you want to see', writing news to garner clicks is basically another way of saying 'our news reporting is fundamentally biased'. Real journalism isn't entertainment. But, I get it, real journalism doesn't sell, people don't have time to understand world problems, do…

Disclaimer: I am not affiliated with nor endorse Facebook. I actually deleted mine for 6 months before making a new one to keep in touch with friends. But, I will not knock a company for wanting to maximize profits. They want their users to want to use their platform. If I owned a social media, or any product really, I would want to do everything I can to keep them coming back. I feel like as long as it isn't illegal…

> I will not knock a company for wanting to maximize profits.

I won't knock a tiger for wanting to eat meat, but I'm also not going to nod along sagely as it stalks me through the underbrush without at least complaining about it.

Re: Facebook to Invest $300m in Supporting Local News

#77

> Last year, we worked to better understand what kind of news people want to see on Facebook. This opening line is just all wrong. News isn't about 'what you want to see', writing news to garner clicks is basically another way of saying 'our news reporting is fundamentally biased'. Real journalism isn't entertainment. But, I get it, real journalism doesn't sell, people don't have time to understand world problems, do…

Honestly at this point, anything they do is just a ploy to advance some kind of hidden agenda even more so than any other corporation. Their name in my trust bank is pretty bankrupt.

Re: Facebook to Invest $300m in Supporting Local News

#78
I am a publisher of a medical technologies website since 2004.

To really help journalism, Facebook and Google need to get out of the surveillance capitalism business.

I left this comment before on a different thread.

What we have now is monopolized internet. Few entities, like Google and FB, took over the internet and crafted the landscape to their advantage. They monopolized ads revenue, search traffic, and more importantly, they are actively spying on the general public, taking away any possible advantages from publishers. So website for doctors cannot make money by advertising to doctors. Doctors will see Google ads on Candy Crush. The result is a dearth of advertising money for publishers and regulations aimed at destroying any attempt to take over these behemoths. Local news is dead, because Google and Facebook know your location, and they sell it.

When was the last time you saw GFPR notice on Facebook or Google? Do you think publishers enjoy having "Please Donate" pop-ups? When was the last time you heard of investment rounds in online publishers, or any publisher? Why do you think Denver Post and USA Today are barely alive?

In the olden days we had websites and blog networks being born, Gawker, Weblogs Inc, TechCrunch network, political networks, etc etc. And what do we have now? Central stations with fake news shenanigans and retarded memes. While publishers, including your local newspaper and your favorite websites, are struggling.

Re: Facebook to Invest $300m in Supporting Local News

#80
post #72

It's a good idea, but facebook can't be trusted. https://www.theguardian.com/technology/2018/dec/13/they-dont... >Journalists paid to help fix Facebook’s fake news problem say they have lost trust in the platform >“They’ve essentially used us for crisis PR,” said Brooke Binkowski, former managing editor of Snopes, a factchecking site that has partnered with Facebook for two years. “They’re not taking anything serious…

> It's a good idea, but facebook can't be trusted.

In my opinion it seems like the foundations for a Patron/Client relationship. Those typically only really work out for the two parties involved.

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