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  2. But is the website on the brink of bankruptcy? The answer is no. Run by non-profit Wikimedia Foundation, Wikipedia's balancesheet looks quite healthy. In fact, its donations have increased many folds in the last seventeen years.
    english.jagran.com/technology/is-wikipedia-on-brin…
    Various publications and commentators have offered a range of predictions of the end of Wikipedia since it rose to prominence. Multiple potential dangers have been proposed, such as a lack of quality-control and inconsistent editors/administrators. Many online encyclopedias exist.
    en.wikipedia.org/wiki/Predictions_of_the_end_of_…
     
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    How much money has wikipedia raised in the last 17 years?In fact, its donations have increased many folds in the last seventeen years. According to a report by the Indian Express, Wikipedia raised USD 28,653,256 in donations between 2018-2019 against USD 21,619,373 in the previous financial year. This is a massive jump from just USD 56,666 in 2003.
    Could wikipedia be forced to shut down in the UK?Peers have suggested adding a regulatory exemption for sites which are considered low risk for harm and provide a public good. Wikipedia could be forced to shut down in the UK due to the regulatory burdens placed on it by a new Bill cracking down on illegal and harmful content online, the Government has been warned.
    Is Wikipedia on the brink of bankruptcy?The answer is yes. Since Wikipedia is a charitable website, it survives on donations from users and corporates. But is the website on the brink of bankruptcy? The answer is no. Run by non-profit Wikimedia Foundation, Wikipedia's balancesheet looks quite healthy. In fact, its donations have increased many folds in the last seventeen years.
    Can wikipedia go bankrupt?The readership and information biases are at stake to advertisers. Wikipedia can certainly go bankrupt; there is no rule giving them infinite money or something. They might also consider being bought out by another entity if they can't keep running themselves. Wikipedia is run by the Wikimedia Foundation, a charity.
     
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  5. Wikipedia has a ton of money. So why is it begging …

    WebDec 5, 2015 · Leaving aside Wikipedia’s other well-documented problems, there’s already evidence that donations might be due for a fall-off.

    • Estimated Reading Time: 1 min
    • WebMar 16, 2021 12:00 PM. Wikipedia Is Finally Asking Big Tech to Pay Up. The Big Four all lean on the encyclopedia at no cost. With the launch of Wikimedia Enterprise, the volunteer project will...

    • Wikipedia at 20: last gasp of an internet vision, or a …

      WebJan 15, 2021 · The naysayers said the user-written encyclopedia would never work. Now it boasts 55m articles and 1.7bn visitors a month. Alex …

      • Estimated Reading Time: 6 mins
      • WebDec 2, 2022 · While Wikipedia volunteers are primarily focused on producing content for the encyclopedia, the WMF is a major fundraising organization, bringing in $165 million from 13 million donations during ...

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      • Explained: Why is Wikipedia seeking donations from …

        WebAug 9, 2020 · Does Wikipedia really need donations from its readers? When the banners requesting donations began to pop up on computer and smartphone screens, some users feared that the online encyclopaedia …

      • WebJan 4, 2021 · Facts are stubborn things. And that stubbornness was a vital asset for Wikipedia in 2020, as it unapologetically banned from its pages disinformation about the Covid-19 pandemic and the ...

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