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Facebook on Tuesday unveiled the Journalism Project, which is designed to establish stronger ties with the journalism industry. Through the project, Facebook aims to bolster the quality of journalism on the network. Among other things, the project aims to tackle the fake news issue that flared during the U.S. presidential election and its aftermath. The project will foster collaboration with news organizations to develop products, including the creation of new story formats and business models to better suit their needs.
Source: Techy