Google has announced plans to invest more money and provide more exposure for local news publishers. The company has set aside $1 billion to support local news over the next three years, and it will also make changes to its search results to make it easier for people to find local news sources.
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Google CEO Statment
Google CEO Sundar Pichai said that the company is committed to “supporting a strong and vibrant local news ecosystem.” He said that local news is “essential to a healthy democracy,” and that Google wants to help “ensure that people have access to the information they need to make informed decisions about their communities.”
As part of its investment, Google will provide grants to local news publishers. The grants will be used to support a variety of expenses, including hiring, training, and technology upgrades. Google will also work with news publishers to develop new ways to distribute their content.
In addition to providing financial support, Google will also make changes to its search results to make it easier for people to find news sources. Google will start highlighting news sources in its search results, and it will also create a new “Local News” section in its News app.
The changes announced by Google are a welcome development for news publishers. The industry has been struggling in recent years, as the rise of digital media has led to a decline in advertising revenue. Google’s investment and changes to its search results could help to stabilize the industry and ensure that people have access to high-quality local news.
“This investment will help to ensure that news organizations have the resources they need to produce high-quality journalism and serve their communities,” said David Chavern, president and CEO of the News Media Alliance.
Here are some additional details about Google’s plans for local news:
- The $1 billion investment will be made over the next three years.
- The money will be used to provide grants to news publishers, support new ways to distribute news and make changes to Google’s search results.
- Google will start highlighting news sources in its search results.
- Google will create a new “Local News” section in its News app.
Google’s plans are a significant commitment to news. The company has a long history of supporting news, and its latest investment is a sign of its continued commitment.
The investments from Google, Facebook, and Amazon are a sign that the tech industry is taking the issue of local news seriously. The news industry is facing a number of challenges, including declining advertising revenue and the rise of social media. The investments from the tech industry could help to offset some of these challenges and help to ensure that news organizations can continue to produce high-quality journalism.
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