Google is contributing over $29 million or €25 million to the newly formed European Media and Information Fund to quash fake news. The tech company revealed this move on Wednesday, March 31.
Google’s contribution to stop harmful fake news
Reuters reported that last year, the election in America amid the COVID-19 pandemic crisis sparked fake news, and it was massive. The misinformation was so severe, and many blamed social media giants for not being very strict and failure to tackle the issue.
People are saying that social media companies could have done more to curb the spread of misinformation through their platforms. Fake news could have been prevented if they took real action to monitor and restrict, the observers say.
Now the European Media and Information Fund was recently formed by the Calouste Gulbenkian Foundation and the European University Institute. The goal for this is to combat fake news by recruiting researchers, public interest-oriented organizations, and fact-checkers to eliminate false information that is being spread online. For this, Google expressed its support to EMAIF by contributing millions so it can fulfill its aim.
“While navigating the uncertainty and challenges of the last year, it has proven more important than ever for people to access accurate information, and sort facts from fiction,” Google’s Europe, Middle East, and Africa president, Matt Brittin, said in a blog post. “That’s why Google is contributing €25 million to help launch the European Media and Information Fund to strengthen media literacy skills, fight misinformation and support fact-checking.”
Tech giants summoned over fake news
Meanwhile, last week heads of the leading tech companies in the U.S. were called over by officials to ask them about the proliferation of disinformation on their respective platforms. Facebook’s Mark Zuckerberg, Google’s Sundar Pichai, and Twitter’s Jack Dorsey have attended the meeting.
BBC News reported that the session was sort of tense as the head, Mike Doyle, questioned the executives in what was described as a “combative style.” Doyle was said to have asked the CEOs to answer either “yes” or “no” to the question if they felt they bore responsibility for the events that occurred at the U.S. Capitol in Washington.
Doyle was said to have challenged YouTube, Twitter, and Facebook to eliminate anti-vaxxers from their platforms which he claimed were responsible for about 65% of vaccine misinformation, and demanded a 24-hour deadline.
In response, Google’s Pichai said that throughout 2020, they have worked to identify and take down contents on YouTube that were misleading voters. And this week, Google announced its support to stop fake news through its donation to the EMAIF.


FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 



