The whole thing reeks of damage control to make it look like they're doing something. $60m/yr for 5 years is a measly fraction of their $40b in revenue. It als

The whole thing reeks of damage control to make it look like they're doing something. $60m/yr for 5 years is a measly fraction of their $40b in revenue. It also fails to understand why local journalism has completely collapsed in the past decade. A big portion of that is people moving to cities. Politico did a great article on this which showed why the media does have a decidedly liberal slant. Regardless this is a societal problem that a private company such as FB throwing money at will not make a noticeable difference.