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IPFS News Link • Media: Internet

Mark Zuckerberg considered acquiring or permanently funding The Associated Press

• The New York Ledger

In Between 2017 and 2018, the creator and CEO of Facebook, as it was then still understood, seriously thought about getting a news outlet. His focus ultimately turned to The Associated Press, the storied news-agency service, according to 3 individuals acquainted with internal Facebook talks surrounding the concept. Individuals spoke to Service Expert on the condition of privacy. Their identities are understood to BI.

Given That the AP is a news cooperative, a straight-out acquisition would've been basically difficult, however Facebook went over procedures like completely funding the firm. Individuals acquainted with the problem stated the preliminary concept was for Facebook to be the entity behind the AP. They likewise stated Zuckerberg thought about backing the outlet as a specific– like Jeff Bezos makes with The Washington Post– or through his humanitarian company the Chan Zuckerberg Effort.

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