Facebook Launches News Section to Compensate Publishers
Source: Bloomberg
Facebook Inc. introduced a separate news section in its flagship app, offering users more control over articles they see and providing money to the publishers whose stories are featured.
The section, called Facebook News, helps the social-media giant stem criticism on two fronts: Its an effort to combat misinformation and could improve relationships with media companies, which have complained that Facebook profits from selling advertising alongside their articles.
Facebook News debuts Friday to some users in the U.S. It will feature articles chosen partly by Facebook employees who will be free from editorial intervention by anyone at the company. The section also will be personalized based on news that users prefer and they can hide articles, topics or publishers they dont want to see.
The section will include stories from about 200 publishers, including national outlets like the Washington Post, Wall Street Journal, NBC News and ABC News, and local outlets in big cities such as the Chicago Tribune and Dallas Morning News. It also will feature conservative-leaning sites, including Breitbart News.
Read more: https://www.bloomberg.com/news/articles/2019-10-25/facebook-creates-news-section-to-compensate-restive-publishers