Google is launching the Google News Initiative, a journalism-focused program to combat fake news. That will help publishers to earn revenue. It will offer publications another monetization model online called Subscribe with Google. Other than that it will also offer work with established universities and groups to combat misinformation. Google News Initiative will Weed Out Fake News.
Google News Initiative will also introduce an open-source tool called Outline, that will make it easier for news organizations to set up secure access to the internet for their journalists.
Google News Initiative to Fight with Fake News
Google said it plans to spend $300 million over the next three years. Spending this huge amount is just to improve the accuracy and quality of news appearing on its platforms. The company said it paid $12.6 billion to news organizations and drove 10 billion clicks a month to their websites for free last year.
Google senior vice president and chief business officer Philipp Schindler said:
“A great search engine by its definition depends on access to the open web…. The last thing you want to see is a search engine that is not delivering quality internet and is quickly becoming a race to the bottom, if you’re not successful, we’re not successful
Subscribe with Google will allow people to pay and login with Google account information. Google will take a revenue share from subscriptions obtained through its program.
Google is also testing a “Propensity to Subscribe” feature that is using artificial intelligence, which will allow companies know which consumers are likely to pay for their products.