Facebook to launch news tab this fall
Technology
Facebook is planning to launch a new "news" tab in the next few months, focusing on trustworthy news from prominent publishers.
The Wall Street Journal broke the news Thursday, claiming that Facebook has approached publishers such as ABC News, Dow Jones, The Washington Post and Bloomberg, offering as much as $3 million per year to license headlines and article previews.
According to the report, the licensing deals would run for three years and would give significant freedom to the news outlets, who could choose how their content appears in the news tab, as well as choose whether they want to host the full content on Facebook or have a headline/excerpt link back to their site.
It's not known whether any of the outlets have agreed to Facebook's proposal.
On the user end of things, this would be a significant addition to Facebook, with the "news" tab given a prominent position alongside News Feed and Messenger.
Facebook did not comment on the details, but did confirm to CNBC that it's working on a news tab to launch in the fall. Facebook CEO Mark Zuckerberg first floated the idea in April, saying he wants Facebook to "surface more high quality news."
Facebook has been facing criticism for letting misleading information flourish on the platform, something the company vowed to fix back in 2016. The social networking platform was also criticized for benefitting from, but not contributing back to, the news outlets and publishers who create the content featured on Facebook.
Source: Mashable
The Wall Street Journal broke the news Thursday, claiming that Facebook has approached publishers such as ABC News, Dow Jones, The Washington Post and Bloomberg, offering as much as $3 million per year to license headlines and article previews.
According to the report, the licensing deals would run for three years and would give significant freedom to the news outlets, who could choose how their content appears in the news tab, as well as choose whether they want to host the full content on Facebook or have a headline/excerpt link back to their site.
It's not known whether any of the outlets have agreed to Facebook's proposal.
On the user end of things, this would be a significant addition to Facebook, with the "news" tab given a prominent position alongside News Feed and Messenger.
Facebook did not comment on the details, but did confirm to CNBC that it's working on a news tab to launch in the fall. Facebook CEO Mark Zuckerberg first floated the idea in April, saying he wants Facebook to "surface more high quality news."
Facebook has been facing criticism for letting misleading information flourish on the platform, something the company vowed to fix back in 2016. The social networking platform was also criticized for benefitting from, but not contributing back to, the news outlets and publishers who create the content featured on Facebook.
Source: Mashable
Source: Emmanuel Mensah
Trending News
Train crash man jailed six months
13:36New train crashes on test run
20:35Alan launches Alliance for Revolutionary Change (ARC) today
06:02Tesla recalls thousands of Cybertrucks over jammed accelerator issue
13:16Bawumia visits Madina market Friday
15:23Ameri name tainted with NDC’s corruption-NPP
17:04Galamsey: Birim North Security Council warns galamseyers to leave in 72 hours
10:33Man allegedly shoots wife in Adaklu
15:01Ashanti NDC condemns renaming of Ameri Power Plant
16:55Ejisu roads see massive overhaul ahead of by-election
09:52