Alphabet, the parent company of the search giants, announced on Wednesday that it had decided to donate almost $ 30 million, equivalent to about 25.6 million euros, to the newly established European Media and Information Fund, which claims to be fighting the so-called “fake news.”
Ever since Donald Trump won the 2016 presidential election and the ensuing pandemic, the number of fake news is said to have increased. Online waste like Facebook, Twitter and Google are accused of not doing enough despite regular censorship and blocking alternative media voices.
This is something the European Media and Information Fund wants to do something about, Reuters says. The organization was set up last week by the Calouste Gulbenkian Foundation, a Portuguese private charity based in Lisbon, and the European University Institute, set up by the EU in 1976 to promote Europe’s cultural and scientific heritage.
Researchers, fact-checkers and NGOs need to be washed away to fight fake news. According to Google spokesman Matt Brittin, it is more important than ever that people can access the right information. The duration of the fund is five years.