Facebook wants to provide more local news for users, but says it often isn't available

Why it matters: Facebook and rival Google have shouldered blame for creating local news deserts by upending the business models of small, local newspapers.

Now, the tech giant wants to invest heavily to reverse that trend in order to provide users with the local news they crave.

Details: Facebook has partnered with four leading academics in news research, providing them with the raw data set to create solutions to solve the crisis.

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