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Facebook is teaming up with several along with several journalism foundations and internet tech companies in an effort to improve online news literacy and increase trust in journalism. The News Integrity Initiative, a $14 million investment run by the CUNY's Tow-Knight Center for Entrepreneurial Journalism, will fund research and projects and convene meetings with industry experts. Besides Facebook, other funders include Mozilla, AppNexus, Betaworks, the Craig Newmark Philanthropic Fund, the Ford Foundation, the Democracy Fund, the John S. and James L. Knight Foundation and the Tow Foundation.

Why it matters: Since its fake news saga during the election, Facebook has taken numerous steps to prove it's serious about promoting good journalism. In taking these steps, Zuckerberg is positioning his tech company to become a global social infrastructure organization, a vision he laid out in a sweeping manifesto last month.

What's next: The Initiative has already signed on 19 contributing groups, ranging from PR firms Edelman and Weber Shandwick to schools like Arizona State University, that will host events around the world to promote news literacy. The initiative also aims to find additional funders and participants as it grows internationally.

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Facebook boycott organizers share details on their Zuckerberg meeting

Facebook is in the midst of the largest ad boycott in its history, with nearly 1,000 brands having stopped paid advertising in July because they feel Facebook hasn't done enough to remove hate speech from its namesake app and Instagram.

Axios Re:Cap spoke with the boycott's four main organizers, who met on Tuesday with CEO Mark Zuckerberg and other top Facebook executives, to learn why they organized the boycott, what they took from the meeting, and what comes next.

Boycott organizers slam Facebook following tense virtual meeting

Illustration: Sarah Grillo/Axios

Civil rights leaders blasted Facebook's top executives shortly after speaking with them on Tuesday, saying that the tech giant's leaders "failed to meet the moment" and were "more interested in having a dialogue than producing outcomes."

Why it matters: The likely fallout from the meeting is that the growing boycott of Facebook's advertising platform, which has reached nearly 1000 companies in less than a month, will extend longer than previously anticipated, deepening Facebook's public relations nightmare.

Steve Scalise PAC invites donors to fundraiser at Disney World

Photo: Kevin Lamarque-Pool/Getty Images

House Minority Whip Steve Scalise’s PAC is inviting lobbyists to attend a four-day “Summer Meeting” at Disney World's Polynesian Village in Florida, all but daring donors to swallow their concern about coronavirus and contribute $10,000 to his leadership PAC.

Why it matters: Scalise appears to be the first House lawmakers to host an in-person destination fundraiser since the severity of pandemic became clear. The invite for the “Summer Meeting” for the Scalise Leadership Fund, obtained by Axios, makes no mention of COVID-19.