Google unveils its $300M News Initiative, with tools for subscriptions, security and fighting fake n

Techcrunch -------- Google today announced a multi-pronged News Initiative, which Chief Business Officer Phillipp Schindler described as a way to tie together all the company’s efforts to work with the journalism industry. Google says the News Initiative is focused on three broad goals — strengthening quality journalism, supporting different business models and empowering newsrooms through technological innovation. It’s also committing to spend $300 million over the next three years on its various journalism-related projects. At a New York City press event, Schindler told journalists and other industry attendees, “Our mission is inherently tied to your business.” He acknowledged that this might sound like “big company rhetoric.” To put it less diplomatically, news organizations might not view Google or the other big Internet platforms as allies given their dominance of the online ad business and the role they play in spreading sensationalistic or questionable stories, not to mention misinformation and hoaxes. To learn more click on the picture below to read the article.