Following the damning findings of the Digital Platform Inquiry, Facebook is investing in local news media. This intervention could do more harm than good.
September saw the expansion of Facebook's Local News Accelerator in Australia and New Zealand. The program will support eleven Australian news outlets through social media training and publicity, as well as a series of grants administered by the Walkley Foundation. The program aims is to help news outlets adapt their journalism to a world where information is increasingly relayed in short-form on social platforms. It has recently been supplemented by a series of vertical video partnerships.
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