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The Facebook Journalism Project explained

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NewsHubThe Facebook Journalism Project has three objectives: collaborative development of news products for the social network, training and tools for journalists and training and tools for users. “Facebook is a new kind of platform, and we want to do our part to enable people to have meaningful conversations, to be informed and to be connected to each other.
We know that our community values sharing and discussing ideas and news, and as a part of our service, we care a great deal about making sure that a healthy news ecosystem and journalism can thrive,” Director of product Fidji Simo said to media.” We will be collaborating with news organizations to develop products, learning from journalists about ways we can be a better partner and working with publishers and educators on how we can equip people with the knowledge they need to be informed readers in the digital age,” he added explaining in detail. Not at least, the social network will host hackathons and regular meetings with publishing partners “We want to work with partners to evolve our current formats—Facebook Live, 360 video, Instant Articles, etc.—to better suit their needs and work with them on building entirely new ones.
Some early directions of the new relation of Facebook and media are presenting packages of stories to the most engaged readers, using Instant Articles on the social network and promoting local news.

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