Google, Facebook pledged millions for local news. Was it enough?

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally - many of them local or regional enterprises foundering in a digital age.
Read more: https://www.reuters.com/business/media-telecom/google-facebook-pledged-millions-local-news-was-it-enough-2021-06-10/?source=Snapzu