YouTube Attacks Fake News With $25M News Initiatives
London, July 13, 2018 (AltAfrica)-As part of an effort to support journalism and stamp out fake news, YouTube has announced it would spend $25 million on news. This is all part of the Google News Initiative that pledged $300 million earlier this year to help the news industry. “The money is being used to hire more specialists to support publishers; help publishers build their own video operations; and create a working group with news organizations to come up with new video product features and improve news on YouTube,” Digiday reported.
“News is important, and we’re committed to working with you to help the industry,” said Neil Mohan, chief product officer at YouTube. “We must do a much better job of supporting quality journalism and the news industry as a whole.”
And it seems YouTube is serious about supporting news worldwide. “YouTube also expanded its Top News and Breaking News shelves in 17 countries—including the U.S., U.K., France, Italy, Japan, India, Mexico, Brazil, South Africa, and Nigeria—with plans to double that total “in the coming months,” Ad Week reported.Mohan and Robert Kyncl, Chief Business Officer at YouTube, announced that some of them include: “Establishing a working group with news organizations and experts globallyؙ—early members include Vox Media, Jovem Pan and India Today—to help develop new product features, improve the news experience on YouTube and deal with challenges that may emerge in the future,” Ad Week reported.