Facebook and Mozilla are
among the companies and organizations launching a $14 million fund to promote
news literacy and increase trust in journalism, CNBC reports.
The nonprofit,
called the News Integrity Initiative, will be based at the City University of
New York which will run as an independent project of the CUNY Graduate School
of Journalism.
Others
contributing to the fund include Craigslist founder Craig Newmark and the Ford
Foundation.
False news and
misinformation, often masquerading as trustworthy news and spreading on social
media, has gained a lot of attention since the 2016 U.S. presidential election,
the report said
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