$14M Initiative to Fight Fake News Includes Facebook, Mozilla

Facebook, Mozilla, Craig Newmark, others launch $14 million fund to support news integrity

This incredulity stems from the proliferation of fake news on social media platforms of late, a phenomenon Facebook once shrugged off, but is now working hard to fight.

The News Integrity Initiative will launch with $14 million from Facebook, the Ford Foundation, Mozilla and others, based at the City University of New York's journalism school, which will coordinate research, projects and events. The money will be invested in the News Integrity Initiative with the goal of increasing trust in journalism worldwide while also "better informing the public conversation". Funds would be allocated to applied research and projects, along with facilitating meetings with industry experts.

In a press release, the News Integrity Initiative said the mission is to advance the public's news literacy. The project will be administered by the CUNY Graduate School of Journalism.

The joint move comes a part of an attempt to address scandals evoked by a wave of false news stories posted on Facebook that went viral during the elections. President Donald Trump's consistent accusations that critical news reports about him are "fake news" and "a total scam", as well as claiming the media is the "enemy of the people", has likely only helped deepen this mistrust.

International Center for Journalists based in the U.S.

In a period plagued by "fake news", much of it distributed via social media, the effort is a very modest reaction to a problem that has vexed the mainstream media, particularly during and after the presidential election.

"As part of the Facebook Journalism Project, we want to give people the tools necessary to be discerning about the information they see online, " said Campbell Brown, Facebook's head of news partnership, in a statement.

Craig Newmark, Founder of Craigslist and the Craig Newmark Philanthropic Fund commented: "As a news consumer, like most folks, I want news we can trust". While consumers continue to believe the news media should keep politicians in line - providing a "watchdog" function in public life - they're also more likely to view press organizations as biased, according to a Pew Research Center study published previous year.