HomeinetFacebook: $1 million to Wikipedia

Facebook: $1 million to Wikipedia

Facebook Wikipedia: Because Wikipedia is everywhere and everyone seems to recognize it, many of the big tech companies are showing enormous interest in the sustainability of the online encyclopedia.

This week, Facebook donated $1 million to the platform.
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The Wikimedia Foundation announced late Thursday that Facebook has donated $1 million to the Wikimedia Endowment, a fund established to financially support the online encyclopedia Wikipedia and other Wikimedia projects.

"We are grateful to Facebook for this support and hope that this move will mark the beginning of a long-term partnership that will support the future of Wikipedia," said Wikipedia founder Jimmy Wales.

The Wikimedia Endowment was founded in 2016, and aims to provide financial support to Wikimedia's various projects and ensure that the platform remains independent on the Internet.

The Wikimedia Endowment's initial goal was to raise $100 million. To date, it has reportedly raised about $50 million.

“In its nearly 18 years of existence, Wikipedia has become a trusted resource for hundreds of millions of people around the world. The foundation ensures that we can protect this incredible resource for today’s knowledge seekers, and for generations to come,” said Lisa Gruwell, head of Wikimedia Outreach.

"We are excited that Facebook is investing in the long-term future of Wikipedia and free knowledge for all.".

In recent months, Facebook has rolled out a new feature that uses Wikipedia's database to provide users of the social network with more information about the source of an article in their news feed.

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