Alphabet Inc. (GOOGL) the parent company of leading search engine Google will be making a contribution of $25 million to recently established European Media and Information Fund to help fight fake news.
Often leading tech companies and social networks are being accused for not doing enough in the war against fake news across the internet.
Among the best recent events to give an example with are the pandemic and the U.S Presidential election concluded last year. Since the pandemic set foot, there has been fake news and conspiracy theories of all sorts about the COVID-19 virus.
The last year U.S Presidential election is another recent event which can be used to show how fake news is still a major concern worldwide.
Last week, the Calouste Gulbenkian Foundation and the European University Institute unveiled the European Media and Information Fund. This body aims to list non-profit-making organizations, public interest oriented entities, researchers and fact checkers to help fight against fake news.