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Facebook Shuts Funding for US News Partnerships Program Amid Economic Downturn, Changing User Behaviour

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Facebook Shuts Funding for US News Partnerships Program Amid Economic Downturn, Changing User Behaviour

Facebook has announced it has ended funding for its US news partnerships program, that was launched in 2019. In order to reallocate resources amid the economic downturn and changing user behaviour, the Meta-owned company said it will no longer pay news organisations in the US for material that appears on its News Tab.  

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